Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...

An interest-only mortgage is a type of mortgage in which the mortgagor (the borrower) is required to pay only the interest on the loan for a certain period. The principal is repaid either in a ...

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. For the first few years of an interest-only mortgage term, you'll just pay interest each month.

Find the best interest-only mortgage lender and get a quote now. Consider an interest-only mortgage if you’re ready to buy a home but are intimidated by the high monthly mortgage payments.

If you're looking to buy a house, here's what to know about where mortgage rates are trending and how to get the best deal on your home loan.

Pay some points: Points are a form of prepaid interest, with each point equaling 1% of your loan amount. In return for points ...

Interest-only mortgages could be set for a comeback as the Financial Conduct Authority (FCA) considers reviewing lending rules to help boost the economy. The mortgage was once "far more popular ...

"Bond yields will only drop if the rate of inflation continues to drop and the economy weakens," said Melissa Cohn, regional vice president at William Raveis Mortgage. "If inflation were to fire back ...

What is a retirement interest-only mortgage (RIO)? Retirement-interest only mortgages (RIOs) are a relatively new set of products designed to help older borrowers who may struggle to get a standard ...

In Eagle Pass, TX, only 28.9% of buyers obtained rates below 7%—the lowest ... To determine the locations where homebuyers ...

An interest-only mortgage could be enticing for those who want lower payments but there are a host of other considerations. | Credit: Getty Images/Kinga Krzeminska Interest-only mortgages could be ...