The rate on a 30-year fixed refinance increased to 6.27% today, according to the Mortgage Research Center. Rates averaged ...

In the interest-only phase, you make smaller payments, usually for a period of three to 10 years, that include only interest.

Interest-only mortgages allow borrowers to only pay for the interest that accrues on the loan for a specific period. These types of mortgages can be helpful, as the initial monthly payments are ...

The rate on a 30-year fixed refinance decreased to 6.28% today, according to the Mortgage Research Center. Rates averaged 5.39% for a 15-year financed mortgage and 6.13% for a 20-year financed ...

Part of determining if a mortgage refinance is practical is weighing the balance between its benefits and costs.

Interest-only mortgages require only interest payments initially, raising future payment amounts. These mortgages suit those expecting higher future income or planning to sell properties soon.

The Netherlands’ biggest mortgage lender Rabobank is limiting the percentage of new home loans that can be taken out as ...