News

You don't have to switch by Aug. 1, but interest will start accruing on your loans on the SAVE plan. Here are your options.
Say you obtain a 30-year interest-only loan for $330,000, with an initial rate of 5.1 percent and an interest-only term of seven years. During the interest-only period, you’d pay roughly $1,403 ...
Interest-only loans offer borrowers a way to keep their mortgage repayments to a minimum over a fixed period. Our guide looks at the pros and cons of taking out an interest-only home loan.
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
An interest-only mortgage could be enticing for those who want lower payments but there are a host of other considerations (Image credit: Getty Images/Kinga Krzeminska) By Marc Shoffman, The Week UK ...
Federal student loan payments and forbearance plans began accruing interest on Aug. 1, but Black and Brown borrowers face some complications.
Homewise CEO Mike Loftin says the Unlock Life initiative is more than a promotion — it's the launch of a new brand identity.
"Interest on home equity loans and lines of credit are deductible only if the borrowed funds are used to buy, build, or substantially improve the taxpayer's home that secures the loan," the IRS says.
An interest-only mortgage is a home loan where the borrower makes monthly payments on only the interest they owe their lender for the first few years of their loan. During this period, which ...
An interest-only mortgage is a home loan where the borrower makes monthly payments on only the interest they owe their lender for the first few years of their loan. During this period, which ...