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

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 ...

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

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.  A home ...

It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.

Borrowers should carefully weigh their home equity loan pros and cons before getting started with the product. /iStockphoto .