Bad mortgage? We’ll save you..
This kind of annoys me…
You get yourself in a terrible variable rate mortgage so you can live in a bigger house and make more money when you sell it, then the rates actually go up, which you are fully aware (or better be), then you whine about it, and then the government comes in and bails you out by freezing your rates…
In hindsight, I guess we should’ve gone for that ridiculous low rate ARM. So much for being responsible.