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    wners have chosen to refinance their home using an interest
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    In the last five years, the rate of homeowners refinancing their mortgages has skyrocketed. The decrease in interest rates has resulted in several homeowners locking in a low rate. In addition to refinancing for a lower fixed rate, some homeowners have chosen to refinance their home using an interest o
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    ir mortgages has skyrocketed. The decrease in interest rates has resulted in several homeowners locking in a low rate. In addition to refinancing for a lower fixed rate, some homeowners have chosen to refinance their home using an interest
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    has resulted in several homeowners locking in a low rate. In addition to refinancing for a lower fixed rate, some homeowners have chosen to refinance their home using an interest
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    n addition to refinancing for a lower fixed rate, some homeowners have chosen to refinance their home using an interest
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    wners have chosen to refinance their home using an interest only option. While making interest only payments is tempting, these types of loans have certain risks.

    What are Interest Only Mortgage Loans?

    Interest only mortgage loans are rather new. With these loans, homeowners have the o

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