3 ms·
Why do they never find anyone to interview for these articles who hasn't gone and made an apallingly stupid decision? Like this woman: "The option ARM was init
by hugh 18y ago
Why do they never find anyone to interview for these articles who hasn't gone and made an apallingly stupid decision? Like this woman:
"The option ARM was initially a blessing and then a curse for Deborah Shaw, a 52-year-old systems analyst for Santa Cruz County, Calif. In 2004 she bought a $575,000 two-bedroom house with her boyfriend with a 40-year fixed mortgage. But when she and her boyfriend split..."
Even leaving aside the fact that it's a bad idea to buy a house with someone you're not married to, why would a 52-year-old get a 40-year mortgage anyway?