A variable-rate mortgage has an interest rate that is not fixed for the full mortgage term. It can either have an annual rate update or an initial fixed rate before switching to a variable rate.

When it comes to figuring out what kind of mortgage you need, the most common question asked is whether you should go fixed or variable. What often slips people's minds is that a variable rate ...

Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...

If rates continue to rise, so will your CD’s APY. But if the Fed starts to cut rates, you could lose out Written By Written by Contributor, Buy Side Martha C. White is a contributor to Buy Side and a ...

In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges ...

Whether you’re applying for a government-backed loan or a conventional mortgage, you’ll likely have the choice between a fixed or variable interest rate. Although a fixed rate is typically safer since ...