397 The perfect storm brewing… (media.greatawakening.win) N C S W I C posted 2 years ago by JordyTheCat 2 years ago by JordyTheCat +397 / -0 109 comments download share 109 comments share download save hide report block hide replies
HOW are people still signing up for ARMs after what happened in 2008??? There was even a very popular Hollywood movie about it and still morons are buying more house than they can afford and agreeing to adjustable rates. Fucking staggering.
ARMs can be fixed rate for terms such as seven or 10 years, and are now underwritten much more carefully than they once were.