Tag Archive: adjustable rate mortgage


Who Offers Fixed-Payment Variable Mortgages?

Variable rates can present a catch-22. On the one hand, variables are almost always¬†cheaper than most fixed mortgages. And they also let you capitalize on falling interest rates. On the other hand, when rates start climbing, so do your interest costs. That risk keeps a lot of people from even thinking about floating their mortgage rate. But it doesn’t have...