Home Front

A blog about the economy and the Sacramento-area real estate market.

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.
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November 2008

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