A Case for Interest Only Mortgages
This post is part of my Freaky Financial Fridays series, where I argue a case from an opposing view, generally in contradiction to my own philosophy or conventional financial advice. Interest only mortgages are often associated with the sub-prime meltdown and generally dismissed by responsible financial advisers. While interest only loans are often poor vehicles for potential homeowners, there is one type of buyer who could stand to gain from their use. Interest only mortgages are just that,
Original post by Richer by the Day » Richer by the Day