What we know today is that monthly payment on Fixed Rate Mortgage (FRM) will be significantly higher than Variable Rate Mortgage (VRM). Less interest payments equals more cash-flow at the end of the month Make sure the cash-flow can support increase of interest rates From 1950 up until now variable rate beats fixed rate 88% [...]
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Fixed vs. Variable Annuities
Posted by admin on December 17th, 2011
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Will need to I go Variable or Fixed Rate Mortgage ?
Posted by admin on December 15th, 2011
The fixed home equity loan is a loan in which the interest rate is fixed. This means that, with an adjustable rate home equity loan, your interest loan will always be what the bank says it is, while with a fixed home equity loan, your interest rate remains static, even if the bank says it [...]