A Variable Rate Mortgage Means

question 94

Multiple Choice

A variable rate mortgage means:

• A)The interest rate is not fixed
• B)The interest rate is fixed for five years
• C)The rate is not subject to change
• D)Larger monthly payments than a fixed rate
• E)None of these

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Definitions:

Energizer

Substances or activities that increase energy levels, focus, or alertness, often used to overcome fatigue or enhance performance.

Decision

The process of making a choice or finding a solution among several alternatives, often following careful thought and consideration.

Speed Things Up

To cause or hasten a process, action, or series of events, making them occur more quickly than usual.

Support Group

An assembly of individuals who share common experiences or concerns, providing each other with encouragement, comfort, and advice.