Agent

Interest-only mortgage could wipe out equity

Refinancing into higher-rate loan to tap cash questioned
Published on Aug 27, 2007

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DEAR BOB: I am a 51-year-old widow of eight years with three children, ages 9, 11 and 15. I earn only about $3,000 per month and my children receive a total of $2,100 per month in Social Security benefits. I ...

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