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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (298947)12/19/2010 3:35:01 PM
From: Drygulch DanRead Replies (1) of 306849
 
I see but the 5 year Option ARMs should have been taken out by slightly smarter people than the prior wave. Perhaps the bulk of these folks see the problem of these notes and have taken precautions to get out of them before the bell rings ? I know my daughter and her husband did but theirs was a 10 year ARM from earlier in the decade.
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