[quote=bearishgurl]
Folks, contrary to what the MSM would have us believe, OPTION ARMs are NOT EVIL. They are GOOD … that is, if you are a PRIME borrower who CHOOSES to AMORTIZE every month. (My current purchase money transaction cost only $2800 out the door to close.)
[/quote]
BG, in California 24% of students drop out of high school. On top of that, only 25% of of 8th graders are proficient at 8th grade math or reading.
In other words, 75% of 8th graders probably can’t read that paragraph let alone understand what those terms mean. And not to be cynical, I seriously doubt how much better it gets by graduation. Which is not meant to be a political dig, it’s a point on the capabilities of the populace.
I grew up with firearms. I had firearm training as a tween. Most of my male peers growing up had firearm training as tweens. We didn’t hunt until we had completed the firearm training.