Variable-rate mortgages can be suitable for first-time homebuyers depending on their risk tolerance and financial circumstances. They often start with…

Yes, in many cases, you can switch from a variable-rate mortgage to a fixed-rate mortgage during the term, but this…

One potential risk of choosing a variable-rate mortgage is interest rate volatility. Since interest rates can fluctuate, your monthly mortgage…

Before choosing a variable-rate mortgage over a fixed-rate mortgage, consider the following factors: Risk Tolerance: Assess your comfort level with potential…