Property News · July 6, 2020

'Interest-only' mortgages might make sense in some situations, but beware the risks


These mortgages, which proliferated leading up to the financial crisis of 2008-2009, generally come with stricter standards than in the past. Nevertheless, they still come with risk for the buyer.

Source : cnbc.com
Read more…‘Interest-only’ mortgages might make sense in some situations, but beware the risks