Interest-only mortgages allow borrowers to only pay for the interest that accrues on the loan for a specific period. These types of mortgages can be helpful, as the initial monthly payments are ...

In the interest-only phase, you make smaller payments, usually for a period of three to 10 years, that include only interest. Your principal loan balance won’t decrease at all during this first phase, ...

The current average mortgage rate on a 30-year fixed mortgage is 6.17% with an APR of 6.20%, according to the Mortgage ...

Quick Read A $300K 15-year mortgage at 5.5% saves $39K in interest versus a 30-year at 6.5%. Monthly payments on 15-year ...

The Netherlands’ biggest mortgage lender Rabobank is limiting the percentage of new home loans that can be taken out as ...

First-time buyers can now secure interest-only mortgages with Nationwide Building Society. Britain's biggest mutual already offered interest-only deals to some customers, but has now made them ...