fixed rate mortgage

The money expert blasted Alan Greenspan's 2004 remarks championing adjustable-rate mortgages -- loans that played a key role in the financial crisis. Seems like the former central banker was a lousy personal finance guru.

In a piece on the surge in mortgage rates over the past couple weeks, BankRate.com gets this brilliant bit of wisdom: There's another option: "We might even be back to looking at adjustable-rate mortgages," says Bob Moulton, president of Americana Mortgage, based in Manhasset, N.Y. He says some...