[lbo-talk] mathematics of mortgages

joanna 123hop at comcast.net
Mon Nov 27 09:06:41 PST 2006


There's something I am confused about... I read in the papers that some people's ARMs will grow by leaps and bounds next year, but interest rates have only moved up, oh, 3% or so. Why would that make such a big difference?

Thanks,

Joanna



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