Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

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

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 ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

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.