[Repeat Offender]

This is just in time for those 5 yr ARMS to adjust. You know, the ones signed at the height of the market in 06.

And right about the time commercial real estate is expected to drop.

And luckily, news was released the other day that oil is on the climb.

[EGPWS]

This is just in time for those 5 yr ARMS to adjust.

Reminds me of the Realtors reaction when I bought a simple 2 bedroom starter at 12.25% instead of taking an ARM and buying a bigger home.

I stated: "I simply want to know what I will be paying each month">

His response was: "your crazy!"

I've never defaulted on anything ever, however.