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Old Mar 1, 2007 | 09:34 AM
  #10  
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Tark
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Joined: Jun 2004
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From: Montréal, Canada
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Originally Posted by RB
It's not a stupid response. Interest only mortgages are basically like paying rent. Nothing more. Sure, if you want to throw your money away and make no advancements on paying off your property all to save some money now, go right ahead...but interest only loans are a risky gamble and assume your property value will increase substantially.
never even heared of interest only mortgage h:
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