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To: Bob J
...it was the adjustable mortgage rate that is killing them.

Really? Here I was thinking it was their "kid in a candy store," living beyond their means spending mentality. It never occurred to me that math might be to blame.

93 posted on 08/21/2007 9:34:51 AM PDT by grellis (Femininists for Fred!)
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To: grellis

They’re only living beyond their means because their interest rate keeps getting hiked. I’m assuming if the interest rate was fixed they would be able to afford all the frills.


96 posted on 08/21/2007 9:38:17 AM PDT by Bob J (Rightalk.com...a conservative alternative to NPR! Check out nat synd "Rightalk with Terri and Lynn")
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