Tag Archives : initial interest rate

Dangers Inherent in Payment Option ARMs

Dangers Inherent in Payment Option ARMs

ARMs were intended to borrowers with irregular income. However, when these borrowers in year six find it hard to refinance their mortgage due to negative equity may be tempted to walk away from the home, leading to lose to the investor.

Match Your Card and Lifestyle: You must Read the Fine Print

Match Your Card and Lifestyle: You must Read the Fine Print

This often happens that credit card holders get surprised when they get socked with some fees that they have never expected, or it mostly happens when first statement comes than the card holders find that…

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