Loans for a Niche Market
- Richard Pisnoy
- Apr 15, 2013
- 1 min read
NEW YORK TIMES — If interest-only loans were issued too freely before the foreclosure crisis, their availability now is restricted to a privileged few.
A staple of the jumbo market, interest-only loans continue to be used by affluent borrowers to help them manage irregular cash flow, reap a tax benefit, or free up cash for investment elsewhere.
