Desert Schools FCU Offers HybridMortgage

PHOENIX - (11/16/05) -- Desert Schools FCU unveiled a newmortgage Tuesday that combines the traditional 30-year, fixed-rateloan with an interest-only product. The Fixed-Rate Interest-Onlymortgage will set the rate for the entire term of the loan but alsofeature a 10-year interest-only period. During the interest-onlyperiod, a member has the option of making interest-only payments orpaying principal, as well.