Tag: option ARMs
Toxic Loans: The Coming Storm
It’s been a very good century for real estate, at least so far. According to the National Association of Realtors, the typical home that sold for $139,000 in 2000 was worth $208,700 in 2005. Not only have home values increased, unit volume has also grown. There were 5,152,000 existing home sales in 2000 compared with […]