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

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

A hybrid adjustable-rate mortgage is a type of mortgage that has an initial fixed interest rate period followed by an ...

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 ...