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Podcast: The Clark Howard Podcast
Episode: 04.01.26 Adjustable Rate Mortgages - A Waning / High Deductible Health Plans
Description: Adjustable-rate mortgages (ARMs) are booming again, but Clark has a major warning: this "oldie but baddy" could be a financial time bomb. Clark breaks down why banks are pushing ARMs, who they actually work for (a narrow group indeed), and the "reset" risk that could cost you your home. Also, health insurance has become insanely expensive. Many Americans are skipping meals just to pay for healthcare. Clark discusses why catastrophic-only plans are a dangerous gamble and identifies the real culprit behind our skyrocketing medical bills.
Danger: Adjustable Rate Mortgages: Segment 1
Ask Clark: Segment 2
High Deductible Health Plans: Segment 3
A...