This is driving me crazy! Some ad on Randi is set up to sound like a feature of her show. The ad suggests people save up a cash stash by refinancing into an interest-only ARM. All over AAR and the web are ads for interest-only loans.
I don't do TV, but I figure that interest-only loans are being pushed all over.
What the fuck???!!!
Let's all commit economic suicide? ARMs are disastrous in the current economic climate. Interest-only loans are unthinkable. Now they want 40-year mortgages.
The average American cannot be that stupid. What the hell is this??!
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