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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (44868)11/6/2005 12:01:23 PM
From: russwinter  Read Replies (1) of 110194
 
The second is the impact of the ARMs adjustment vs reset. An adjustment is usually limited based on the original rate plus some maximum amount the loan may adjust up or down from. A reset is when the original terms are basically over and a totally new rate will start. >

Excellent and key distinction. This chart shows resets

idorfman.com

<Can we afford to allow the real estate bubble to burst?>

Obviously not a question of choices or options, other forces are at work: enabler buyer's strikes, inflation, and credit revulsion, combined with absurd maladjusted, speculative debt dependant asset prices.
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