2008-02-08 — philly.com
You should worry if you have a decent income and good credit, and were offered creative financing — such as Option ARMs, 80/20 loans or interest-only loans — to encourage you to buy more home than you could afford. Many homeowners took loans that stretched their resources, and they could be facing trouble soon.
This is a good little guide. Some of the specific information is Pennsylvania-centric, but the article should be useful to anyone.
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