Comments on: Rising market indexes hit some borrowers, hard http://www.bostonreb.com/2007/09/rising-market-indexes-hit-some-borrowers-hard/ Boston real estate, Boston condos, Boston luxury condos, Boston luxury real estate, Back Bay condos, Back Bay real estate, Back Bay luxury condos, Boston Back Bay condos Mon, 06 Feb 2012 05:38:19 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: John A Keith http://www.bostonreb.com/2007/09/rising-market-indexes-hit-some-borrowers-hard/comment-page-1/#comment-3248 John A Keith Sun, 30 Sep 2007 23:13:28 +0000 http://bostonreb.com/blog/2007/09/29/rising-market-indexes-hit-some-borrowers-hard/#comment-3248 One other point: this is not an instance where the borrower had a low "teaser" rate that then jumped several years' later. You hear about those types of loans in the press, all the time. In this case, it was a typical loan (with a slightly-higher interest rate) that reset as was to be expected, given rapidly increasing interest rates. One other point: this is not an instance where the borrower had a low “teaser” rate

that then jumped several years’ later. You hear about those types of loans in the press, all the

time. In this case, it was a typical loan (with a slightly-higher interest rate) that reset as was

to be expected, given rapidly increasing interest rates.

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