In comparison to permanent financing,the rates and rate variability for a construction loan would be: 
Definitions:
Written Communication
The exchange of messages or information in written form.
Advantage
A favorable position or condition that enhances the likelihood of success or effectiveness.
Translate
The process of converting text or speech from one language into another, maintaining its original meaning.
Information Overload
A state where an individual or system is overwhelmed by the amount of information being received, making it difficult to process or make decisions.
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