Adjustable Rate Mortgages Could Dampen Economic Recovery
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Adjustable-Rate Mortgages,
Option Arms,
Mortgages,
Mortgage Resets,
Housing Crisis,
Teaser Rates,
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When Harvey Clavon took out an exotic mortgage to refinance his home in Santa Clarita, Calif., three years ago, he thought he knew what he was doing. ...
nytimes.com | JOHN LELAND | Posted 09.27.2009 | Business