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

“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. The real estate market ...

For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — ...

Thirty-year mortgage rates fell to a one-year low today. The current average mortgage rate on a 30-year fixed mortgage is 6.03% with an APR of 6.06%, according to the Mortgage Research Center. The ...

SAN DIEGO (KGTV) — Recent data shows more people are shopping for houses as talks of interest rates going down continue, but is an adjustable-rate mortgage or a fixed rate the way to go? Thomas Boles, ...

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 ...

The current average mortgage rate on a 30-year fixed mortgage is 6.10%, according to the Mortgage Research Center. The ...

In the interest-only phase, you make smaller payments, usually for a period of three to 10 years, that include only interest.

Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...