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Title: ARM wrestling
Published: Ventura County Star
Date: Oct. 14, 2007
About this cartoon: Home foreclosures are at the highest rate in recent history, in many places tripled from the year before, often due to shaky loans with minimal money down, giving homeowners less reason not to walk away from a home when they can't afford the payments. And a big reason for them not being able to afford the payments is the ARM -- Adjustable Rate Mortgage, where monthly payments can shoot up (even doubling or worse), sometimes abruptly.

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