Are more propeller blades better? Jeremy Kinney, a curator at the National Air and Space Museum, shares his thoughts. A sailor hoses down the propeller on a P-3 Orion during an aircraft wash on the flight line at Naval Air Station Whidbey Island, Washington.
There's the silly, the foolish and the completely harebrained. And then there's the adjustable rate mortgage -- ARM for short. Like unprotected sex or one more drink, it always seems like a good idea at the time. In an environment of only low and lower rates, an ARM has looked like a good idea for many years now.
What is a wrap-around mortgage, and who is it good for?. A wrap-around mortgage is a loan transaction in which the lender assumes responsibility for an existing mortgage. For example, S, who has a $70,000 mortgage on his home, sells his home to B for $100,000. B pays $5,000 down and borrows $95,000 on a new mortgage.