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.

There is no one right answer to this venerable question Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and ...

With a fixed-rate mortgage, your interest rate and payments won’t change during your mortgage term. But they might if you opt for a variable-rate mortgage. Many or all of the products on this page are ...

Fixed rate electric plans offer convenience, protection and predictability. Variable-rate plans offer flexibility and the potential of savings. Here's how to know which is better for you. Stephen J.