Posts with tag nightmare mortgages

A Bad Option: The Coming Threat of Option ARMs

Hold on to your Zoloft, yet another wave of bad real estate news is about to wash our already underwater housing market. This time, it's Option Adjustable-Rate Mortgage loans -- or Option ARMs, for short. What the heck are Option ARMs, you say? Simply put, they are mortgage loans that give homeowners the option to make... Continue Reading »

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