The use of interest-only mortgages is rare in non-bubble markets.

仅付息按揭的应用在没有泡沫的市场非常罕见。

youdao

Within this model both speculators and their lenders use interest-only mortgages (IOs) rather than traditional mortgages when there is a bubble.

当存在泡沫时，这种模式下的投机者和贷方都宁可使用仅付息按揭（IOS)而不是传统按揭。

youdao

Subprime, interest-only and other kinds of mortgage instruments allowed people to buy their homes without a down-payment and without building up equity.

次级、付息及其它抵押借款工具允许人们在不预付定金和资本净值未不断增值的情况下购买房屋。

youdao

Even though the deposits are short-term and the depositor can get the money at any time, the depositor is earning interest of a level that can only be made on long-term loans.

即使是短期存款,存款人可以随时取走存款,存款人也可获取仅从长期贷款中,才可得到的利息水平

耶鲁公开课 - 金融市场课程节选

Why the interest rate clears-- it's a mysterious phenomenon, because it's a market phenomenon and each person only sees his or her own contribution to the market and not the whole market.

为什么这个利率能让市场出清...,这是个不可思议的市场现象,每个人只能看到自己在市场中的行为,而不了解整体市场情况

耶鲁公开课 - 金融市场课程节选

Last year alone, 40% of adjustable rate mortgages and interest-only loans were categorized as subprime.

FORBES: Magazine Article

Another issue facing many who took out interest-only mortgages is the shortfall in endowment policies.

BBC: Interest-only mortgage shortfall 'big problem' for NI

Some of the creative ARM products that flourished of late included interest-only and payment-option loans.

NPR: Mass. Homeowners Rally Against Foreclosures