Fixed vs. Variable: Which Mortgage Rate Is Right for You Before 2025 Ends?
When interest rates are shifting, choosing between a fixed and variable mortgage can feel overwhelming — especially if you’re new to mortgages. Here’s a simple guide to help you decide what might work best in 2025. What’s the difference? Fixed-rate mortgage: Your interest rate stays the same for the term you choose (e.g. 1–5 years), so your payments remain predictable. Variable-rate mortgage: Your rate is tied…