Since there is no limit on how much and how fast variable-rate mortgages can increase, most homeowners are afraid to take out this kind of loan.

Question

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While variable-rate mortgages can increase without a limit, most lenders will have a cap on how much and how fast they can increase. Additionally, some homeowners may choose to take on the risk of a variable-rate mortgage if they believe interest rates will remain stable or decrease in the future. Therefore, not all homeowners may be afraid to take out this type of loan.

Since There Is No Limit on How Much and How