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, ...

Is the mortgage market turbulence getting you down? Have you got a mortgage-related question you need answering? Email in, and we will get one of our experts to reply. Nick Mendes, mortgage technical ...

Dave Ramsey has built a personal finance empire on clear, uncompromising rules. Among his most emphatic: “A 15-year ...

Interest-only mortgages require only interest payments initially, raising future payment amounts. These mortgages suit those expecting higher future income or planning to sell properties soon.

Demand for nonconventional mortgages has grown sharply, according to Optimal Blue data Nonconventional mortgage lending has become a bigger part of mortgage-loan originations in recent months, ...

First-time buyers with just a 5 per cent deposit could now get a mortgage that is part interest-only. Mortgage lender Gen H is offering a part repayment, part interest-only mortgage targeted at ...

Explore zero-coupon mortgages, a long-term financing tool deferring principal and interest payments until maturity, used in ...