Tag: mortgages
Watch Your A.R.M.s: Should You Get an Adjustable Rate Mortgage?
When times are tough, thinking outside the box is a good idea. In most cases, we all want a standard fixed-rate 30-Year mortgage. I talked about new options in “40-Year Interest-Only Mortgage,” which proved a bad idea. But do we have more choices with interest rates crossing 7% on new mortgages? Our old enemy is…
