Interest-only mortgages: What are they and are they worth taking? 4 Articles

by Simon Wright

Over recent years, property prices have increased in excess of the rate of inflation. This has been good for existing property owners and in particular for property investors, but has made it increasingly difficult for fir...read more

by Marco Angioni II

An interest only mortgage is a mortgage upon which you pay only the interest (as opposed to paying the interest and principal under a traditional mortgage) in monthly payments for a set amount of time. Sometimes, the set ...read more

by Barry Tadmore

Interest only mortgages are an interesting idea. If you don't have a lot of money and want to become a homeowner, it's a great way to save money if you don't have a lot of it to spend, and if that's the only way to get int...read more

by Charlene

Interest Only Mortgages are not a new product; they originally grew out of the less-rigid and more inventive jumbo mortgage markets and historically, were structured for affluent borrowers, with well-diversified investment...read more