PROJECT 21 ARCHIVE – 2008

Don’t Waste Your Time If You Can’t Pay the Prime, by Deneen Borelli

New Visions Commentary /
It was the American Dream on steroids. Mortgages were offered at low initial interest rates without down payments.  Many were helped to purchase homes for the first time.  Others bought second homes and investment properties.  Still more refinanced existing mortgages, subsidized home improvements and - at times - extravagances. Then, ...
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