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Variable-rate loans may look more attractive at first since their "initial" rates are often low.
www.huffingtonpost.com
Some of these loan rates are less than 6 per cent, so are much cheaper than even the most competitive variable-rate loans.
www.smh.com.au
There is also an opportunity for students to moved from variable-rate loans to fixed-rate ones as a hedge against rising interest rates.
www.theglobeandmail.com
The current average margin on variable-rate loans in this country is 2.4 percentage points, whereas 10 years ago it was about 1.4 percentage points.
www.smh.com.au
It would be nice to pay only 3% on a variable-rate loan but what if you believe rates will start rising in two or three years?
business.financialpost.com
Note that these are variable-rate loans so it's not quite analogous to the 5-year fixed rates of 2.99% homeowners are enjoying.
business.financialpost.com
The catch here is that home equity lines of credit are variable-rate loans, so the interest rate could rise.
www.dallasnews.com

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