
| interest rates make fixed rate loans difficult to obtain. The borrower equity home refinance if the interest rate falls and loses out if interest rates rise. Variable rate mortgages are the most common form of loan for house purchase in the United Kingdom but are unpopular in some other countries. Variable rate mortgages are very common in Australia and New Zealand. For those who plan to move within a equity home refinance short period of time (three to seven years), they are attractive because |

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