Business Week has published an interesting article on option ARMs. The general thesis is that they will be the next wave of homes that are entering foreclosure in the United States.
With subprime loans wreaking havoc across the United States and world financial markets, the housing market has been suffering. The unsold inventory and foreclosures are [...]
Read...Related Headlines
- High-end ARM reset (mild) hilarityposted 232 weeks ago on Blown Mortgage
- Learn how to read your loan docs?finally.posted 199 weeks ago on Blown Mortgage
- 5 Things to Do Right Now if Your ARM is Going to Reset Soonposted 227 weeks ago on Blown Mortgage
- Better Homes & Gardens Offers Refinance Tips from Yours Trulyposted 223 weeks ago on Blown Mortgage
- Blown Mortgage : Carnival of Real Estate; Fish : _________posted 226 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 233 weeks ago on Blown Mortgage
- Countrywide Eliminating the Option ARM?posted 206 weeks ago on Blown Mortgage
- Bank of America Neuters Countrywide?posted 198 weeks ago on Blown Mortgage
- Home Equity Line of Credits Fixed Rate Lock Optionposted 243 weeks ago on Consumer Mortgage Reports
- Bush to Announce ARM Loan Freeze Plan Thursdayposted 218 weeks ago on Blown Mortgage