Unlike a fixed interest rate, which remains constant, a variable interest rate can change over time. Most credit cards have variable interest rates tied to the U.S. prime rate or a similar benchmark.

Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...

When it comes to borrowing money, understanding the difference between fixed and variable interest rates is crucial. A fixed ...

Some recent research has suggested that macroeconomic variables, such as output and inflation, can improve interest rate forecasts. However, the evidence for this puzzling result is based on ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Whether a locked or changing rate is better depends on where the Fed rate is headed ...

Homeowners looking for some extra cash have access to an incredibly valuable resource: their home's equity. Whether you're looking to start home repairs or renovations that can increase the value of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...