Fixed-Rate and Variable-Rate Certificates of Deposit (CDs) stand out as two widely sought-after forms of time deposit provided by banks, each presenting distinct advantages to investors. A Fixed-Rate ...

Choosing between a fixed-rate and variable-rate loan can affect how much you pay over time and how easily you can budget each month. Fixed-rate loans offer predictable monthly payments and protection ...

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 ...

Betsy began her career in international finance and it has since grown into a comprehensive approach to journalism as she's been able to tap into that experience along with her time spent in academia ...

In today's economy, any incoming college student must prepare to dedicate a large chunk of money toward education costs. While scholarships can go a long way and federal student loans typically have ...

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

Switching your mortgage from a variable to a fixed interest rate can help make your mortgage more affordable if rates are rising. Many or all of the products on this page are from partners who ...

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 ...

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.