– Mortgages with interest-only payment options may save you money in the short-run, but they actually cost more over the 30-year term of the loan. However, most borrowers repay their mortgages well before the end of the full 30-year loan term.
Alexander’s Completes $252.5 Million Refinancing of Rego Park II – announced today that it has completed a $252.5 million refinancing of its 609,000 II shopping center located in Queens, New York. The interest-only loan is at LIBOR plus 1.35%,
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Interest Only Mortgages | SoFi Home Loans – Interest Only Mortgages Build wealth faster with an interest-only mortgage. Existing applications New applications. Effective 12/15/18, SoFi Lending Corp. is temporarily unable to accept new mortgage loan applications. However, our affiliate, SoFi Mortgage, LLC, may be able to help you.
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Adjustable-Rate Mortgage (ARM) Refinance at Bank of America – Refinancing to an adjustable-rate mortgage (ARM) typically provides a lower interest rate for an initial payment period, making the initial monthly payments less than what a fixed-rate mortgage refinance usually offers.