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palos verdes refinancing: Still Have an Adjustable Rate? Don't Refinance just yet! - 05/09/08 01:23 PM
This is a interesting article from the Car.org. regarding the adjustable rate interest rate loans. Not all consumers need to get rid of their adjustable rate loan. Monthly payments are not increasing as expected with the resets. Lenders are tightening up and many are freezing the consumers HELOC or Home Equity loans so don't panic if this happened to you. It is only temporary for the Banks that are being Ultra Conservative. Happy Days will be here again and sooner than you think!
"As ARMs reset, little of the expected chaos is coming to fruition
Worries that subprime mortgages originated during … (1 comments)

 

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