Good points raised here—interest-only mortgages can definitely make sense, but only in pretty specific scenarios. I've seen people get burned badly when the market turned south and refinancing wasn't an option anymore. It's easy to underestimate how quickly things can shift... Do you think most people really grasp the risks involved, or are they just blinded by the lower monthly payments? Feels like optimism can cloud judgment sometimes.
"Feels like optimism can cloud judgment sometimes."
Yeah, that's spot on. Optimism can definitely skew people's perceptions—especially when they're eyeing lower monthly payments. I've noticed folks often assume property values will keep climbing steadily, but markets aren't always that predictable. Makes me wonder: do lenders do enough to clearly highlight the risks, or are borrowers just tuning out the fine print because they're eager to jump in? Curious what others think about lender responsibility versus personal accountability here...
