Be Mortgage-Free Faster (Investopedia)
Some mortgage borrowers have only two things in mind: "How much can I afford?" and "What will my monthly payments be?" They max out their finances on mortgage debt and use an interest-only or negative-amortization mortgage to minimize their monthly payments.

QUESTION OF THE DAY (Daily Telegraph)
A reader writes: My partner and I are currently at loggerheads about the best use of our savings. We have about ?0,000 dotted around various Isas, Peps and savings accounts. My partner would like to continue with our interest-only mortgage. I, on the other hand, want to use the money to pay off part of the outstanding mortgage, switch to repayment and overpay to get rid of the debt. We are both ...

Five Things You Need to Know: E "Wait and" CB Holds Rates Steady; Bush Urged to Appoint Mortgage Czar (Minyanville via Yahoo! Finance)
The European Central Bank held its benchmark interest rate steady at 4%.

Fitch Affirms Morgan Stanley Dean Witter 2001-PPM (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings affirms Morgan Stanley Dean Witter 2001-PPM commercial mortgage pass-through certificates as follows: $49.1 million class A-2 at 'AAA'; $89.0 million class A-3 at 'AAA' Interest-only class X at 'AAA'; $15.6 million class B at 'AAA'. $17.1 million class C at 'AAA'; $5.5 million class D at 'AAA'; $10.9 million class E at 'AAA'; $4.7 million class F at 'AA+'.

Home loan demand falls despite interest rate dip (Reuters via Yahoo! News)
U.S. mortgage applications fell for a second straight week, largely reflecting a drop in demand for home refinancing loans, an industry group said on Wednesday.