Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...

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 ...

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 ...

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, ...

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.

Homeowners looking for some extra cash have access to an incredibly valuable resource: their home's equity. Whether you're looking to start home repairs or renovations that can increase the value of ...

The following is reprinted with permission from HFA Partners.In spite of today’s low fixed rates, hospitals continue to borrow in variable-rate mode. While new debt structures have eliminated some of ...

Mortgage interest rates have largely trended downward in 2025, but the recent Bank of Canada pause may have Canadians ...

Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...

A varible-rate agreement, as distinguished from a fixed-rate agreement, calls for an interest rate that may fluctuate over the life of the loan. The rate is often tied to an index that reflects ...

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.