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What is a variable rate morgage?

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24th Feb 2011 by admint

This type of home loan provides options and flexible rates. The rate to be paid by the borrower depends on the changes in money market. As a result, the borrowers’ payments vary as well.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



30th Apr 2010 In Mortgage 1 Answers | 78 Views
Subjects: morgage,

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What is a variable rate morgage?


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