Interest-Only Mortgages -- A Good Idea?
The Enterprise, (Salt Lake City) › August 05, 2009
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Interest-Only Mortgages -- A Good Idea?
The popularity of interest-only mortgages has soared in recent years, but questions abound as to their effectiveness and whether they pose a serious risk to the general populace of homebuyers. Are they really a good idea?
Local mortgage company executives along the Wasatch Front agree that interest-only mortgages can be highly beneficial to certain borrowers - a person with a solid financial foundation, the...See the full content of this document
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