Which is better, a fixed or variable rate loan?

A variable interest rate loan is a loan in which the interest rate charged on the outstanding balance varies as market interest rates change. As a result, your payments will vary as well (as long as your payments are blended with principal and interest).
February 10, 2017 at 04:27PM
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Posted on 02/10/2017, in Invest and tagged , , , . Bookmark the permalink. Comments Off on Which is better, a fixed or variable rate loan?.

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