Friday, December 04, 2009

Option ARMs: Housing recovery killer?




Well it is what it is. Such a high number of option ARMs will fail, and the loans are concentrated so heavily in fragile bubble markets that they threaten the fragile housing-market recovery. This will affect real estate in Parker CO and everywhere else too, so you can run but you can't hide. Still glad not to be living in CA, AZ, or FL!

Mortgage Resets Loom Large for the future Parker CO Homes and Real Estate



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