[hordak]

2 brothers raised in the same house by the same parent. Both brothers have the same size family and about the same income. Both decide to buy a home at about the same time.

Brother 1 looks at all the stuff the banks have to offer, Flex rates/ interest only, arm. etc. and decides to go with a 30 years fixed rate as knowing what the payment will be seems like a smart idea.

Brother 2 looks at all the stuff banks have to offer, flex rates/ interest only, arm. etc
and decided to go with some low at the beginning, jump up in 3 years because he thinks he will have a raise by then (instead his wife quits her job , he has another kid, and never gets the raise) he is on the verge of losing his home.


Who do we blame?