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How To Deal With Higher Mortgage Payments

Shared by Jerry on Thu Oct 26, 2006 11:43 pm

As the housing market continues to cool, higher interest rates have increased the mortgage payments for homeowners who have adjustable rate loans, or ARMs, causing the number of them defaulting on their mortgages in default to rise.

Source: http://www.cbsnews.com/stories/2006/10/26/earlyshow/living/money/main2126262.shtml
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