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My First Home Ltd. | Resources > Glossary
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Glossary

Welcome to the Glossary of Terms page. To find the term you are looking for, please select from the A-Z list by clicking on the letter.
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Variable rate
Many mortgages are still arranged in this manner. Such mortgages have interest rates which fluctuate up and down often in tandem with bank base rates. In more recent years many variable rate mortgages are marketed with an initial discounted rate or fixed rate period...
 
 
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