Quote:
Originally Posted by Boodleboy322
The days of going into these "Dangerous ARMs" got shut down during the Subprime meltdown. Specifically, Hybrid Option ARMs...But they haven't been actively trading in the Market for several years now.
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What do you mean? I'm not the most familiar with Hybrid Option ARMs, but the issue with ARMs hasn't gone away. In 2011, there are still homebuyers who are opting to do a 1, 2, 5, or 7 year ARM despite being warned by mortgage lenders and anyone else who knows the
potential dangers.
Hybrid Mode
