Mortgages. Why Interest Only Can Be A Risky Option

The Council of Mortgage Lenders’ figures are showing a growing trend in interest only mortgages. From January to March 2002, 9% of new mortgages were interest only. Now take the period from October to December 2005, and the amount of new interest only mor…
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This entry was posted on February 10, 2012 at 7:00 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed.