Comments on: Mortgage Help May Be Available To Home Owners Soon http://work-at-home.business-opportunities.biz/2007/11/29/mortgage-help-may-be-available-to-home-owners-soon/ News, and links for WAH entrepreneurs Thu, 26 Nov 2009 18:17:40 -0800 http://wordpress.org/?v=abc hourly 1 By: workathomejoe http://work-at-home.business-opportunities.biz/2007/11/29/mortgage-help-may-be-available-to-home-owners-soon/comment-page-1/#comment-168350 workathomejoe Thu, 29 Nov 2007 23:28:49 +0000 http://work-at-home.business-opportunities.biz/2007/11/29/mortgage-help-may-be-available-to-home-owners-soon/#comment-168350 Looking at the basic idea of an adjustable mortgage rate I wonder how they are even legal. Is the SEC involved in this industry. I own a home and don't have an adjustable but a point worth noting : If you buy a home for aroun 300,000 dollars on a twenty year note it likely will cost around 1.1 million dollars. They usually don't tell you this though. With people thinking that home ownership is an "investment" and a good one at that there should be a law that standardises disclosure. Looking at the basic idea of an adjustable mortgage rate I wonder how they are even legal. Is the SEC involved in this industry. I own a home and don’t have an adjustable but a point worth noting : If you buy a home for aroun 300,000 dollars on a twenty year note it likely will cost around 1.1 million dollars. They usually don’t tell you this though. With people thinking that home ownership is an “investment” and a good one at that there should be a law that standardises disclosure.

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