OT - The Affluent, Too, Couldn't Resist Adjustable Rates
"Ed Huntress" wrote:
Houses are not cars. If you told a mortgage banker, two years ago, that
there was going to be a nationwide decline in house prices, coupled with a
lending crisis and a credit crunch, he would have told you that you were
nuts.
If I believed that, I sure wouldn't have signed up for a house going down
the skids or accepted a variable rate loan.
Wes
--
"Additionally as a security officer, I carry a gun to protect
government officials but my life isn't worth protecting at home
in their eyes." Dick Anthony Heller
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