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- 18 Nov 2010 14:32
- Forum: Mark Nowell's Financial Questions
- Topic: Mortgage Base Rates
- Replies: 5
- Views: 8529
i was not so aware of that but after getting information from my cousin who works at a gov bank...he said taht A variable rate mortgage or floating rate mortgage is a mortgage loan where the interest rate varies to reflect market conditions. The interest rate will normally vary with changes to the b...