Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.

Interest-only payments on a business loan may give you short-term relief if you’re facing financial difficulties. Many, or all, of the products featured on this page are from our advertising partners ...

Interest-only mortgage loans provide borrowers with lower mortgage payments during the initial few years of the loan. If you are trying to decide whether an interest-only mortgage would be right for ...

Find the best interest-only mortgage lender and get a quote now. Consider an interest-only mortgage if you’re ready to buy a home but are intimidated by the high monthly mortgage payments. This type ...

Jo Davy has over 12 years' experience as a journalist and editor for major print and digital news publishers in Australia and the UK. She has written for The Age, Herald Sun, Domain and City Matters ...

With mortgage rates higher than they have been in over two decades, homebuyers may be looking for alternative ways to finance their home. An interest-only mortgage can free up some front-end cash, ...

The number of homeowners sitting on interest-only mortgages has shrunk as borrowers have paid the money back on or ahead of schedule, according to a banking and finance industry trade association.

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 ...

The number of homeowners with interest-only mortgages has decreased as borrowers repay their loans on time or ahead of schedule, according to a banking and finance industry trade association. At the ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Interest-only mortgages let you make payments on just your loan’s interest for an introductory period — but afterward, payments increase. These loans are best for those planning to move or ...