With a fixed-rate mortgage, the rate literally remains fixed: It carries the same interest rate and monthly payment for the entire life of the loan. But an adjustable-rate mortgage (ARM) has an ...

Home mortgages seem weird. Often the borrower seeks a loan through a mortgage broker rather than a bank. And even if a bank handles the mortgage, the borrower may send payments to some other ...

A hybrid mortgage combines the stability of a fixed-rate mortgage with the flexibility of an adjustable-rate mortgage (ARM). This type of mortgage offers a fixed interest rate for an initial period, ...

Certificates of deposit (CDs) offer predictable income, low risk, and FDIC insurance. Learn how CDs work, when they make ...

Fixed-rate HELOCs are the talk of the town lately among home equity lenders and industry insiders. Home equity isn’t the flashiest corner of consumer finance, so it’s noteworthy when a buzzy new trend ...