I often attempt to explain to friends and family, in simple and straightforward terms, the basic mechanism of the pay options adjustable rate mortgage. I often feel that I’ve done a poor job in this effort. Fortunately, I’ve found other who have done a much better job at this. Dr. Housing Bubble (www.doctorhousingbubble.com) is aContinue reading “Ladies and Gentlemen: The Pay Option ARM”
QuantumTom 