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Story date: 2007-08-22 01:26:00
Added on: 2007-08-22 23:35:03
MSNBC - Dodd was referring to homeowners who took out adjustable rate mortgages between 2004 and 2005 and now face higher interest rates as early "teaser" rates are reset. Some homeowners could see a $1,500 increase in their monthly mortgage bill, he said. ...
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