Interest-only mortgages, are they worth the risk?

Northwest Herald - Online: "When Joe and Cindy LaVarra bought a new house in McHenry early this year, they decided against a conventional 15- or 30-year loan.
Instead, they opted for financing that has grown in popularity an interest-only mortgage.
'Instead of paying interest on the principal, we felt we could do better with the money saved by putting it elsewhere,' Joe LaVarra said."
------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.