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What Is a Variable Rate Mortgage? Is It Right for You?

Posted onApril 01/2019By

Deciding what kind of mortgage to get is often complicated, especially if you’re a first-time buyer. Even experienced buyers take their time to the fixed-rate mortgage and the variable rate mortgage because there are so many influencing factors. Things like the current economic circumstances, your employment situation, amount you want to borrow, and your credit rating will all influence your decision on your mortgage. There are two main types of mortgages. Fixed-rate and variable rate mortgage. In this article, we are going to look at the variable rate mortgage so that you can learn more about this product, what it is,…

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