One of the problems contributing to the current credit market crisis happens to be option ARMs and hybrid ARMs. Why? Because they feature low teaser rates that lead to difficulty in maintaining a mortgage when they go up. This week’s Friday Fun Video happens to talk about just that thing:
Technorati Tags: adjustable rate mortgage, credit market crisis, Friday Fun Video, hybrid ARMs, maintaining mortgage, mortgage blog, mortgage problem, option ARMsAdd to:
