I didn’t know that she addressed circumcision, but I am not surprised. I’ve seen many complaints about infant circumcision, but it doesn’t actually harm anyone.

(((Ashley Squishy)))

Yes, that’s true too, but as I said, one should only take out an ARM with the intention of agressively pre-paying the principal. If you are not going to do this, you have to be sure you can continue to pay it under worst case conditions. Otherwise you run the strong risk of finding yourself in the situation you describe.

Miss Squishy wrote:

A fixed-rate mortgage provides the security of a constant payment over its 30- (or 15-) year term, but it involves risk to the extent that rates may decline and you’re stuck with the higher rate loan. You can refinance, but that costs and then you have to start the clock over again.

I saw too many people who took ARMs during the early 2000s get in trouble when their sub-prime ARMs got adjusted back to then current rates.

I have had several ARMs, and I recommend them ONLY IF you plan on aggressively pre-paying your principal. If you do that, then you are refinancing each year at no cost. Even if the rate increases, that will be offset by a lower principal balance.

And even if you don’t prepay, almost all ARMs have adjustment and lifetime rate increase caps. When you sign up for one, they will provide you with a worst case scenario in which the rates increase at the cap each year until the max and they stay there for the rest of the term. Again, that is a worst case scenario, but if you are OK with it then at least you know what you’re getting into.

https://commoncts.blogspot.com/2026/01/live-now-minneapolis-ice-involved.html