Fixed Interest Rate

An interest rate on a loan or security that fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically. The obvious advantage of ...

A type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark. The initial interest rate is normally fixed for a period of time ...

An agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for another based on a specified principal amount. Interest rate ...

A type of fixed-income security that allows its holder to choose a payment stream from two different sources of debt. Flip-flop notes provide investors with two options of return, ...

An exchange of debt related interest rates between two parties - usually large corporations. In a liability swap, two currently identical (in nominal value) cash flows are exchanged. ...

The period of time on a graduated payment mortgage during which the monthly payment rises by a certain percentage at set intervals, usually annually. The interest rate at which monthly ...

A clause associated with some adjustable-rate mortgages that allows the borrower to convert the variable interest rate to a fixed rate within a certain time period, or at certain future ...

Find out how to choose which mortgage style is right for you.

Search and compare the best checking and savings rates nationwide from Bankrate.com. Click Here!

Learn how rate changes can affect home prices and how you can keep up.

Get a deeper understanding of the importance of interest rates and what makes them change.

Learn the factors to consider when comparing the different programs offered by various lenders.

Refinancing is a great way for many homeowners to improve their financial situation - but beware of the downsides.

Both of these have advantages and disadvantages depending on your financial needs and prospects.

Exotic mortgages allow you to decide how much to pay. Find out how much they really cost.

Not all student loans are the same. Know what you're getting into before signing on the dotted line.

We walk through the steps needed to secure the best loan to finance the purchase of your home.