A nasty surprise awaits some variable-rate mortgage holders on renewal

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  • A nasty surprise awaits some variable-rate mortgage holders on renewal
    A nasty surprise awaits some variable-rate mortgage holders on renewal

    What’s worse than a variable-rate mortgage that keeps getting more expensive as interest rates rise? The answer is a variable-rate mortgage where payments stay the same instead of rising to reflect higher borrowing costs. Static payments mean your lender is using more of your payment to cover your rising […]

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