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

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 ...

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 ...

When you borrow money, you may have a choice between a fixed-rate loan or a variable-rate loan. Read on to find out how to choose which one is right for you. When you borrow money, the interest rate ...

With the exception of Toronto-Dominion Bank, which notified brokers on Thursday that it would be increasing both three-year ...

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.

It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.

The interest rate on fixed-rate HELOCs stays the same throughout the draw period. In some cases, you can switch between a fixed-rate and a variable rate on these types of HELOCs to take advantage of ...

With a fixed-rate HELOC, you have the option to fix the rate on some or all your balance during the loan's term. There may be limits on how many times you can fix your rate or how many fixes can be ...