I wonder home many folks with those interest only loans are getting squeezed by rising interest rates, rising insurance rates, and rising energy costs (for cars, homes, etc).
and quadrupling taxes
8 posted on 03/28/2006 9:57:15 PM PST by maine-iac7
("...BUT YOU CAN'T FOOL ALL THE PEOPLE ALL THE TIME." Lincoln)
You are not kidding. I have a friend in Northern Virginia who just had her assessment go up 30% in one year. Guess where her property tax bill went.........why yes, actually. Up 30% too.
59 posted on 03/29/2006 3:15:53 AM PST by Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)