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Definition of variable-rate in English: variable-rateadjective Denoting or relating to a loan or savings account with an interest rate that may be changed in response to economic conditions. over the last several years, variable-rate mortgages have proven to be money savers the bank's variable-rate Isa pays 2.75% on balances over £15,000 Example sentencesExamples - Landlords with variable-rate mortgages have seen their profit margins squeezed by rising interest rates.
- The explosion of variable-rate mortgages and floating rate debt does provide the fodder to satisfy demand emanating from the proliferation of higher-yielding short-term ‘money’ funds.
- Two-thirds of borrowers in the UK have variable-rate mortgages with most of the remainder on short-term fixed rates.
- Mortgage lenders have responded by raising rates for borrowers with variable-rate deals.
- In five weeks, however, interest rates on all variable-rate federal education loans are expected to rise by 2 percentage points.
- Most mortgage borrowers in the UK have variable-rate loans - the obvious exception is homeowners with fixed-rate deals.
- The average rate for a variable-rate credit card was 13.4%.
- When the economy turns up, so will interest rates and the cost of variable-rate mortgages.
- An ever-increasing proportion of mortgage financing has come in the form of variable-rate mortgages, where the payment increases as interest rates increase.
Definition of variable-rate in US English: variable-rateadjective Denoting or relating to a loan or savings account with an interest rate that may be changed in response to economic conditions. over the last several years, variable-rate mortgages have proven to be money savers Example sentencesExamples - Most mortgage borrowers in the UK have variable-rate loans - the obvious exception is homeowners with fixed-rate deals.
- An ever-increasing proportion of mortgage financing has come in the form of variable-rate mortgages, where the payment increases as interest rates increase.
- In five weeks, however, interest rates on all variable-rate federal education loans are expected to rise by 2 percentage points.
- The explosion of variable-rate mortgages and floating rate debt does provide the fodder to satisfy demand emanating from the proliferation of higher-yielding short-term ‘money’ funds.
- Mortgage lenders have responded by raising rates for borrowers with variable-rate deals.
- Two-thirds of borrowers in the UK have variable-rate mortgages with most of the remainder on short-term fixed rates.
- Landlords with variable-rate mortgages have seen their profit margins squeezed by rising interest rates.
- The average rate for a variable-rate credit card was 13.4%.
- When the economy turns up, so will interest rates and the cost of variable-rate mortgages.
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