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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (66565)9/6/2005 5:35:42 PM
From: American SpiritRead Replies (1) | Respond to of 81568
 
Home ownership and home debt are at all-time highs. Because many of the loans are ARM interest only types, when the real estate market drops (as it might be doing right now) a record amount of people could find themselves losing their homes. So far, Greenspan has kept blowing air into the bubble with his artificially low interest rates.