Friday, Dec 15, 2006
Interest only mortgage gets thumbs down from FSA
Firstrung: Interest only mortgages, beware the pitfalls - FSA
Consumers taking out interest-only mortgages generally have a reasonable understanding of the risks involved but a significant minority do not have a robust repayment strategy in place, the Financial Services Authority (FSA) said in a recent report.
Posted by converted lurker @ 06:47 PM (171 views) Add Comment
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