Why is zero down worse than an adjusting mortgage? If the mortgage payment were to stay constant, then one wouldn’t feel the effects of having no equity.

If oil does go to $200/barrel, will Bernanke keep raising interest rates to slow inflation, or will he lower them, to avoid a big recession? How often in our country’s history have rates been below 5%, and how likely is it to go that low again? Isn’t the historic median at 7%, so wouldn’t that be figure to go by?

What advice do you have for people who are stuck in these loans? Just stay put until you are forced to deal with it?

It’s great to have a mortgage officer on this forum.