A new leaf
Story date: 2008-03-06 04:31:00
Added on: 2008-03-08 05:01:00
Chicago Tribune - A less obvious sign is the surge in popularity of the interest-only mortgage. These loans have grown from just a sliver of the market in 2003 to a slice today, says Frank Nothaft, chief economist at Freddie Mac, a government-sponsored mortgage agency.
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