I haven't had a mortgage on my house in years. When I did, I had two strategies to cut my costs. First, when my rate was over 8%, I made extra payments. Compared to the mutual fund's return I used to ...

When you go to take a loan from the bank, the bank tells you about both fixed rate home loan and floating rate home loan. In fixed rate home loan, the interest rate is fixed at the time of taking the ...

Cutting to the chase, we find that 17.5% floating exposure acts to minimise interest rate volatility when compared with a reference of 10yr Fixed. Interest rate costs are also reduced, from 4.5% to ...

Fixed interest rates and floating interest rates have their advantages and disadvantages. Therefore, which option should be ...