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October 18, 2006

Interest Only Mortgage: Is an Interest Only Mortgage Right for

Traditional mortgage loans come with fixed interest rates and fully amortized payments. This means you pay the same amount each month until your mortgage is paid off. Interest only mortgages are different in that they do not amortize at all during the interest only period. Here are the basics of interest only mortgages to help you decide if this type of loan is right for

From Interest Only Mortgage: Is an Interest Only Mortgage Right for

Posted by Lorren at October 18, 2006 11:25 AM