Day: September 16, 2019

How Interest-Only Mortgages Work

While interest-only mortgages promise low payments, they aren’t very common these days. It still is possible to get one of these loans, however, and if you’re considering going this route, you need to know what to expect. Here, Forbes explains what an interest-only mortgage is, how it works, and the pros and cons of signing on the dotted line. What

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