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ABC News: Homeowners losing and defaulting
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03-21-2006, 07:59 PM
boneprone
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Join Date: Jan 2001
Location: Portland Oregon USA
Posts: 34,415
Why would their rates go up??
Most of us locked in our rates at lifetime lows..
The key word here is "locked" .......
Why people do "arm" financing and dont lock in a rate is beyond me.
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