Variable-Rate Mortgage

Libby Guthrie, REALTOR®

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Variable-Rate Mortgage

Category: Financing
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Variable-Rate Mortgage

What is a variable-rate mortgage? 🤔

A type of short term loan (3-10 years) where the interest rate changes periodically.

See Adjustable Rate Mortgage (ARM).

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Posted by Libby Guthrie
Tags: Mortgage, Real Estate Terms

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About the Author

Libby Guthrie, REALTOR®

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Howdy! I'm Libby Guthrie. I'll be your guide to real estate in the Greater Knoxville TN area. Whether you're buying, selling, or you just want to learn a little about real estate, you're in the right place!

I've been working in real estate for over 30 years, and have been the agent in over 1400 transactions, so I know I can help you too!

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