Consumers who have a mortgage with a fixed rate for a few years followed by an adjustable rate may face payment shock when their rate soars. Others may be anticipating an adjustment upward and wondering what their payments will be. Still others may have unrelated financial problems that could threaten their ability to pay their mortgage. What's New: Avoiding Mortgage Payment Shock: FTC Offers New Publication for Homeowners
Thursday, June 28, 2007
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