When shopping for a mortgage, you may come across an option that allows you to pay only the interest for the first several years of the loan. These are called interest-only mortgages, and while they may sound appealing at first glance, they are not the right fit for everyone. Understanding how they work and who benefits from them is key to making a smart decision.
What’s Ahead For Mortgage Rates This Week – October 6th, 2025
The release of key Unemployment Data was delayed last week due to administrative changes in how jobless figures are tracked. The Consumer Confidence report reflects these policy adjustments, showing growing concerns about the job market and a larger-than-expected decline in confidence for September.
Lastly, with tariff disruptions continuing to affect the manufacturing sector, the Global US Manufacturing data has revealed that production has slowed overall since the initial disruptions.
