(PRWEB) September 1, 2006 -- Interest only loans have dramatically increased in popularity over the last few years -- in some areas, approaching 30 percent of all home loans closed.

InterestOnlyLoans.com is pleased to announce further improvements to our website including:

- Daily Updates of all popular index rates used by lenders as a base to home mortgage loans. These rates include: Prime Rate, LIBOR, COFI, COSI & MTA.
- Online tools to compare interest only and fixed rate mortgage payments including calculators and amortization tables.
- Simple 2 minute form to request today’s mortgage rates for buying or refinancing a home.

For more information on interest only loans please visit www.interestonlyloans.com

About InterestOnlyLoans.com

Established in 2002, InterestOnlyLoans.com is the premier destination for information on interest only loans. With an annual reach of more than 2 million unique visitors, InterestOnlyLoans.com provides current index rates, program information, online mortgage calculators and more, to both consumers and mortgage professionals. Visit www.interestonlyloans.com today.