Discover what a variable-rate mortgage is, how it works, and the benefits and risks involved. Learn how rates adjust and what ...

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 ...

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Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

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 ...

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.