Wednesday, June 13, 2007

Article: Beware of Exploding Mortgages

Beware of Exploding Mortgages
By GRETCHEN MORGENSON
Published: June 10, 2007

A tsunami of interest rate increases on adjustable-rate mortgages is coming, meaning that the worst of the subprime lending fiasco is far from over.

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  God, Grant me the serenity to accept the things I cannot change,  The courage to  change the things I can, The wisdom to know the differen...