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Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders ...

Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with ...

Interest-only mortgages allowed people to buy more of a home than they could afford with a traditional loan. But some of those loans had adjustable interest rates and when the rates shifted up, that ...

Many people are flocking to interest-only mortgages. One Philadelphia lender said these made up half the mortgages it had written in the past six months. Lenders have been reporting similar figures ...

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.

An interest-only mortgage is a home loan where the borrower makes monthly payments on only the interest they owe their lender for the first few years of their loan. During this period, which usually ...

QI am a first-time home buyer with limited income. My mortgage lender has suggested I consider an interest-only loan. I have heard that these kind of loans are not necessarily in the best interest of ...

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 ...