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home > metasearch
Is it just me or is anyone else scared by the financial mishaps option ARMs seem to encourage? An option ARM is an adjustable rate mortgage that is dubbed as being "flexible" because the borrower has the "option" as to how much he or she wants to pay in a given month. In essence, you can opt to pay less than the minimum interest payments that would be due in a given month. This, of course,
- link to Option ARMs Scare Me -
Last update: 08/04/2005