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Reply to "refinancing frustration"
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[quote=Anonymous]We are still underwater and our usurious ARM just reset to 4.5%. It has done nothing but drop, drop, drop since 2008. I really have to wonder about all these people who said that "the 0-down ARM mortgages are all resetting and people can't afford them." Ours has progressively become MORE affordable, and we were definitely suckered into a subprime mortgage horror.[/quote]
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