Real Estate Glossary | What is Variable Rate??

Q: What is Variable Rate?

A variable rate is a type of interest rate that can change over time. This is in contrast to a fixed rate, which is a type of interest rate that remains the same over the life of the loan. Variable rates are often used in adjustable-rate mortgages (ARMs) or other types of loans where the interest rate is not fixed. With a variable rate, the interest rate can change based on a variety of factors, such as market conditions or changes in the lender's cost of funds. This means that the monthly payments on a loan with a variable rate can change over time, which can make budgeting for the loan more difficult.

Our solutions

beycome™

Legal

Stay Connected with us

Stay Connected

Beycome Florida:
400 NW 26th St,
Miami, FL 33127

Beycome Office:
5701 Sunset Dr #224,
South Miami, FL 33143

Beycome Contact:
804-656-5007
[email protected]
Schedule a call

By searching, you agree to the Terms and Conditions and our Privacy Policy.
IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information is updated daily. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.

The availability of services and savings can vary by state. See more Information about our services for program details.

Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

Beycome Title LLC, Beycome Brokerage Realty and Beycome of Florida have a business relationship in that all are owned by the same persons.

CalBRE #01737574.TREC: Info About Brokerage Services, Consumer Protection Notice