That’s interesting that it’s their most popular article. If a site like Rich’s gets 2500 hits a day, we can imagine what The WSJ gets a day. The news of the bubble that has burst is spreading rapidly.
A reporter doesn’t usually understand ARMs etc so well. I found it interesting that she actually came out and said to avoid one, (“I’ve urged my sister to avoid ARMs,”). It’s unfortunate, but this information was needed by many a few years ago. Now it’s a little too late for a lot of people.
