Tag Archive for ‘interest-only mortgages’

UK Mortgages – High Share for Interest-Only Debt

New data from the UK offers a reminder of how different housing finance systems are nation to nation. Almost one in five home owners in the UK has an interest-only mortgage, with three maturity peaks. In contrast, only 0.2% of 2017 US home purchase and refinance originations were interest-only as reported by Frank Nothaft, Chief Economist at CoreLogic, a property… Read More ›