Oct 1, 2018
What is an Interest-Only Fixed-Rate Loan?
An interest-only fixed-rate loan is one in which a borrower pays only interest at a fixed rate and nothing towards the principal of their mortgage loan.
Oct 1, 2018
What is the U.S. Department of Housing and Urban Development (HUD)?
The U.S. Department of Housing and Urban Development, otherwise known as HUD, is a federal government agency that develops, oversees, and executes housing policies, especially regarding affordable and sustainable housing.