Before the 2008 financial crisis, said ThisIsMoney, interest-only mortgages were "synonymous with irresponsible lending and ...

Interest-only loans, popular pre-2008, have revamped requirements and can be an option for borrowers looking for short-term lower payments, stakeholders say.

Rates on 30-year new purchase loans ended last week 5 basis points lower than the previous Friday, dipping to a 6.79% average. That's now the cheapest weekly average of 2025. Compared to five weeks ...

Total mortgage applications rose 11.2% week to week, according to the Mortgage Bankers Association’s seasonally adjusted ...

including conventional and jumbo mortgages, FHA and VA loans and interest-only mortgages. Guaranteed Rate also offers home equity lines of credit (HELOCs). Our ratings take into account interest ...

FHA ARM loans only require a 3.5% down payment ... Turning an existing adjustable-rate mortgage into a fixed interest rate mortgage is the better option when you want the same interest rate ...

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

If you want to go over the FHFA’s limit or want to do something else unconventional—like get an interest-only loan—your mortgage will be non-conforming. Home mortgage lenders generally ...

Nearly 100,000 fewer people are locking themselves into new mortgage deals before their current deal reaches maturity, data ...

Total mortgage application volume jumped 20.4% last week compared with the previous week, according to the Mortgage Bankers ...

Some 35,840 new home loans were handed out to older borrowers in the fourth quarter of last year, marking a 28.2% annual ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. An interest-only mortgage could be enticing for those who want lower payments but there are a ...