
A mortgage where the interest rate can move up and down. It is usually based on base rate.
Found on
http://www.encyclo.co.uk/local/20174

A mortgage where the interest rate is not fixed and which is dependent on influences such as... <a target=_blank href='http://www.finance-glossary.com/terms/variable-rate-mortgage.htm?id=1514&ginPtrCode=00000&PopupMode=false' title='Read full definition of variable rate mortgage'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm

A mortgage for which the rate of interest may change if other market conditions change. This is sometimes referred to as a floating rate mortgage.
Found on
https://www.encyclo.co.uk/local/21261
No exact match found.