There's a yin-yang quality to every facet of life. It's not so surprising, therefore, that it even holds true for fixed-rate interest only mortgages. These mortgages, which are becoming a hot item for many cash-strapped homeowners, are making up an increasingly large portion of many lenders' portfolios.

New home mortgage of choice

The rise in popularity of these loans should hardly come as a surprise. There's plenty of attractive "yin" to this deal. Homeowners like the low monthly payment that comes standard on Further information: