Sunday, October 14, 2007

Worries rise with adjustable rates (Daily Press)

The pinch will hurt many when such mortgages begin to cost more. Come November 2008, Kathryn Clejan's adjustable-rate mortgage will get a whole lot more expensive. In fact, she estimates, it could rise $1,986 a month which the single mother of two boys can't afford.

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[Source: Yahoo! News Search Results for mortgages]

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