Teaser rates on exotic mortgages have gotten lots of borrowers into deep financial trouble. Fooled by the low initial rate, homebuyers took on more debt than they could afford, as they’re now beginning to realize as rates reset upward and…n
Teaser rates on exotic mortgages have gotten lots of borrowers into deep financial trouble. Fooled by the low initial rate, homebuyers took on more debt than they could afford, as they’re now beginning to realize as rates reset upward and…n
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