Crushing ARMs squeeze homeowners

Story date: 2007-10-19 05:56:00
Added on: 2007-10-21 14:00:22

Denver Post - Englewood retiree Marguerite Dodson and her husband took out a payment-option adjustable rate mortgage in May 2006 to refinance the home they had lived in since 1978. The couple's loan offered an attractive initial 2.25 percent interest rate that ...


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