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Whatever happened to the great ARM reset crisis?
Why we shouldn't trust a contrarian opinion arguing that 2008's mortgage rate hike won't be so bad, after all.
Andrew Leonard [2008-03-28]

  • Teaser Rates

    Sure, a lot of mortgages had initial rates below 2%, but I haven't read about many of those that lasted for 2 years, neg-am loans excepted. Mostly, I've read and heard about sub-2% for 3-6 months. Was 2+years of sub-2% actually common?

    -- zaleriana
    [Read zaleriana's other letters]
    Friday, March 28, 2008 12:52 PM
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