Variable-rate mortgages in the long-term usually result in a heavier interest-rate burden than is generally true with fixed-rate home mortgage loans.

Question

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Variable-rate mortgages can have lower initial interest rates compared to fixed-rate mortgages, but they can fluctuate over time. Whether they result in a heavier interest-rate burden depends on future interest rate movements, which are uncertain.

Variable-Rate Mortgages in the Long-Term Usually Result in a Heavier