My wife and I were separated at the time, and were in the midst of a possible divorce and experiencing some financial distress, including an adjustable rate mortgage (ARM) increase and out of pocket costs for advanced marriage counseling.
FORBES: FINRA Bars Broker For Loans From Elderly Widows And Family
The five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, averaged 2.86%, down from 2.88% last week and 3.75% a year ago.
WSJ: Mortgage Rates Hold Near Lows
Among the most popular were variations on the adjustable-rate mortgage, or ARM.
NPR: Mass. Homeowners Rally Against Foreclosures
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