Industry News

Most interest-only real estate borrowers pay principal

73% pay principal and interest at least some of the time, survey finds
Published on Oct 24, 2005

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by CareyBot

A Wells Fargo-commissioned survey of American homeowners shows that the majority of homeowners do pay principal on interest-only real estate loans, despite rising concern over this type of debt. Of the 8 percent of homeowners with interest-only real estate-secured accounts, ...