With this week’s column, if your eyes glaze over after the second paragraph I certainly won’t be offended.
It’s about whether you should have a principal and interest loan or an interest only loan. I know..yawn. However if you are fortunate enough have a prime residence (your home) and an investment property and happen to have mortgages on both then it’s important that you have your loans correctly set up.
For those … Read the full post »