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.

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

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 ...

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 ...

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 ...

Better Mortgage, for example, only requires a 10.01% down payment ... payment will be and the more you'll ultimately spend on interest. How to get the best jumbo mortgage rate To get the best ...

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

One of the first things you may want to consider when choosing a mortgage loan or refinancing is your preferred loan term. Shorter terms (15-year loans) generally offer better interest rates than ...

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 ...