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Mortgage debt becomes profit centre

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09-18-2007, 03:00 PM

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Mortgage debt becomes profit centre

EveryInvestor, the financial news and comparison website, is urging homeowners to view their mortgage debt as a “profit centre”. The website suggests that borrowers can make profits of up to £50,000 by opting for an interest only loan, thereby making only the minimum payments needed to service a mortgage. The advice is based on the theory that [...]

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