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March 14, 2007
ARMaments
The real WMD
might be all those ARMs in your neighborhood, especially as housing prices ease.
might be all those ARMs in your neighborhood, especially as housing prices ease.
Congress seemed content to let these most dangerous ARMaments proliferate until they were in nearly every American ZIP code. And the bankers responsible for the proliferation of these ARMs throughout America assured us all that ever-rising house prices would keep the fallout from any WMDs to a minimum.
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Posted on March 14, 2007 10:32 PM by House 78.
Filed in Mortgage Calculator under housing prices.
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