The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
mavericks
»
Comments
» Single Comment
| 
Comments by Ticker
111 comments
Rating: 33
(128 
-
95 
)
-
95 )
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
I bought a home in '06 with 20% down and a 5-year interest only loan (interest only is great because it still gives you the option of paying the loan fully amortized). Now, I'm not an Option-ARM even though I reset in the same time frame as many, but checking LIBOR and where it is now, my payments would actually go DOWN on my reset.
Oct 01 08:48 am
|Rating:
+1
0
All Comments by mavericks »Mortgage Delinquencies Rising [View article]
Are you sure there's not alot of Option-ARM loans that would also share in this positive predicament? Certainly, anyone who put no money down and just paid the minimum payments is going to be in trouble even with a positive reset, but do we know what % of Option-ARM's are in that situation?