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Chance to get in on money-destroying housing action again


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2014 Mar 17, 5:53am   895 views  0 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.huffingtonpost.com/2014/03/17/adjustable-rate-mortgages-return_n_4978962.html

If you missed out on the housing bubble and the chance to gamble away your financial future, fear not: Banks are giving you a chance to get in on that kind of money-destroying action again.

Remember adjustable-rate mortgages, which helped pump up the U.S. housing bubble that led to the financial crisis? Well, those things are back, The Wall Street Journal reported on Monday.

#housing

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