The interest rate is not fixed: rate revisable in mortgage or rate revisable for revolving credit.

– Real estate loan renegotiation (change from a revisable rate to a fixed rate in particular)

There are two types of interest rate, one is the fixed-rate, and the other one is adjustable rate.

A variable rate is, as the name suggests, variable.

A revisable rate that is generally a variable rate but has certain limitations

The biggest drawback with fixed-rate loans is flexibility.

– Real estate loan renegotiation (change from a revisable rate to a fixed rate in particular)

3, 5, or 7 year fixed and then adjustable thereafter.

They eventually abandon fixed exchange rates because either:

Be careful not to compare for example a fixed rate with a revisable rate .

Otherwise, he gives up his right and continues with indexing at a revisable rate. (the customer has purchased the option).

A good compromise may be the choice of a revisable rate financing.

Semi-fixed rate: the semi-fixed rate, also called the revisable rate, is at the crossroads of the fixed rate and the floating rate.

under an assumed instantaneous interest rate change of 300 basis points,

A revisable rate that is generally a variable rate but has certain limitations