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.

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 ...

Student loan refinance rates have held steady throughout the first part of 2026. As of April 16, 2026, student loan refinance ...

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, ...

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 ...

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions ...

One of the biggest draws of variable-rate mortgages is that they give you options. For starters, variable mortgage prepayment penalties are generally cheaper than their fixed-rate counterparts.

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 ...