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Economy Property Real Estate

The Interest Only Epidemic

#RealEstate #Economy #HeiseSays

A potential epidemic of interest-only loans is about to reset. Will this affect the housing market?

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References

Interest-only loan reset hurting borrowers despite the rate cuts
https://www.abc.net.au/news/2019-10-28/interest-only-reset-hurting-borrowers-despite-rate-cuts/11637350