“When do people start blasting those who did fixed rates at 6% when theey could ahve had 4% variable rates for a 5 year period that are now going to reset at that same level”

What are the terms of the notes from here on out? Many still borrowed way too much and the adjustment periods are for shorter period of time from reset on out. I don’t think the arm and option arm people are out of the woods yet. There is all kinds of paper out there. Some of the terms had actual rates going up at least a certain amount regardless of market rates. I don’t know how universal it was but I believe arm people paid more points too.