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July 29, 2006
Interest Only Mortgage
One of the great things about interest-only mortgages lies in the fact that you they are not interest-only. You also need to repay the principal! Interest-only mortgage loans have been in existence for a long time, contrary to what some people think. They are loans for which the borrower needs to only pay the interest for a specified period of time, rather than the principal and interest. These loans are becoming increasingly popular, particularly with context to the booming real estate business, with houses becomes more expensive and
Posted by Joe at July 29, 2006 12:42 PM
