Here's another report from The Wall Street Journal about the potential risks of Option ARM loans in California. Lots of good statistics - a frightening one that almost half the Option ARM loans issued in 2006 may end up in foreclosure.
I've talked with a lot of local people over the last year with these loans and all of them worry.
I've talked with a lot of local people over the last year with these loans and all of them worry.


@Nyx.CommentBody@