Interest-only and negative amortization payments cannot go on forever. At some point, the loan balance must be paid in full. For all adjustable rate mortgages, there is a mandatory recast after a fixed period of time where the loan reverts to a conventionally amortizing loan to be paid over the remaining portion of a 30 year term.

Source: The Real Articles: Finance | Stock Market Investing

There may not be a wrong or right answer to the question above. Both options have their good and bad points. Before you even look at houses, you should take a few minutes to look into both and what they have to offer you and your family.

Source: The Real Articles: Finance | Stock Market Investing

In the old days to qualify for a low mortgage interest rate you needed to have great credit and verifiable income. In today crazy market its the other way around.

Source: The Real Articles: Finance | Stock Market Investing