Personal Finance Word of the Day: Adjustable-Rate Mortgage
Adjustable-rate mortgages are making a comeback. A recent article in The Wall Street Journal says financial groups are offering sweeter deals in an effort to...
ARM
Bank of America Offers Bailout
If you have a mortgage with Bank of America, and you owe more on your loan than your home is now worth, some relief could...
ARMed And Dangerous? Don’t File For Bankruptcy
Just got a phone call from a couple thinking of filing Chapter 13 bankruptcy. However, their adjustable rate mortgage is about to adjust—most likely upward—within...