Forget long term financing. I know of several people who got an ARM, and are refinancing (and they do it every 2-3 years) into another arm … so far, other than the 3-5% it tacks on to the amount its worked out fine cos interest rates have only risen slightly since 02. I cant wait for the great printing press to start humming and send interest rates into the mid teens.
Again, only thinking how much a month. Stupid.
Cool.
Cow_tipping.
