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Kelsey’s guide to mortgages and home loans, for beginners

HomeNOT TRYING TO SELL YOU ANYTHING, JUST FREE INFORMATION THAT YOU MAY FIND HELPFUL

Variable Rate Mortgage

The standard mortgage deal - based on a variable rate interest amount where the interest rate you pay to the bank will reflect the national interest rates; if they go up you will pay more for your mortgage, and if they go down you should pay less. Most mortgages default to a variable rate interest arrangement.

 

 



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