The study comes from NYU and Columbia, two universities known for academia not athletics:

according to a new study by professors from Columbia and New York universities, the “optimal” mortgage in a perfect world is precisely that kind of loan—an adjustable-rate mortgage with an option for negative amortization and a ban (or at least severe restriction) on prepayment.

Read the full article from Business Week

Is your rate too high? Get a rate quote on a Denver Mortgage Loan now!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Tagged with: • • • •

Filed under: mortgage

Like this post? Subscribe to my RSS feed and get loads more!