Frustrations will kick in when that ARM adjusts! Written by Admin on December 23, 2007 – 10:25 am - Ok folks, it looks like 2008 will be an even more interesting year for the real estate and industry. Over 50% of the ARMs will expire and the forclosure rate should continue to climb as most will not be able to make their payments. What is interesting is that the government is now stepping in to provide relief, but are they putting a band aid over a deep gush or are they stitching i While shopping around for a lender, ask each for a list of charges and costs you must pay at closing.