Variable Rate Mortgage

A mortgage where the amount of interest you repay increases or decreases in line with the lenders interest rate changes is called a 'Variable rate mortgage'. Your mortgage payments may be more difficult to budget for in times of rapid interest rate rises, but easier to budget for in times when interest rates fall.

What to do if you need more help

If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.

We hope you found this information useful.

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