{"id":1641,"date":"2006-09-03T08:08:37","date_gmt":"2006-09-03T15:08:37","guid":{"rendered":"http:\/\/www.andreaswacker.com\/blog\/2006\/09\/03\/option-arms\/"},"modified":"2006-09-03T08:08:37","modified_gmt":"2006-09-03T15:08:37","slug":"option-arms","status":"publish","type":"post","link":"https:\/\/www.andreaswacker.com\/blog\/2006\/09\/03\/option-arms\/","title":{"rendered":"option ARMs"},"content":{"rendered":"<p>Business week on so called <a href=\"http:\/\/www.businessweek.com\/magazine\/content\/06_37\/b4000001.htm\">option ARMs<\/a>.<\/p>\n<p>I always thought that &#8216;interest-only-loans&#8217; would be a scary thing to sign.<\/p>\n<p>Those poor people that will loose everything and then some. Many of them probably have jobs that require lots of time and effort to make some money. All they probably wanted to do, is to get &#8216;in  on the action&#8217; during that housing boom that is now so clearly over. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business week on so called option ARMs. I always thought that &#8216;interest-only-loans&#8217; would be a scary thing to sign. Those poor people that will loose everything and then some. Many of them probably have jobs that require lots of time and effort to make some money. All they probably wanted to do, is to get [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,7,18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Option ARMs: The Ticking Time Bomb of the 2000s Housing Boom<\/title>\n<meta name=\"description\" content=\"Reflecting on the dangerous allure of option ARMs in the mid-2000s. 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