{"id":5772,"date":"2023-02-27T13:17:28","date_gmt":"2023-02-27T07:47:28","guid":{"rendered":"https:\/\/www.omaxe.com\/blog\/?post_type=web-story&#038;p=5772"},"modified":"2023-02-27T13:17:29","modified_gmt":"2023-02-27T07:47:29","slug":"types-of-mortgages","status":"publish","type":"web-story","link":"https:\/\/www.omaxe.com\/blog\/web-stories\/types-of-mortgages\/","title":{"rendered":"Understanding Different Types of Mortgages"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" rel=\"stylesheet\"\/><link 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class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.00971%;top:76.3754%;width:84.2233%;height:23.78641%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5763688760806917% 0.5763688760806917% 0.5763688760806917% 0.5763688760806917% \/ 1.3605442176870748% 1.3605442176870748% 1.3605442176870748% 1.3605442176870748%\" id=\"el-918509d2-39ad-48b5-acbe-83b137866a92\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.533981em;line-height:calc(1.2em + 0.24242435592277628em);text-align:left;padding:0;color:#000000;background-color:rgba(0,0,0,0.7);background:none\"><span style=\"display:block;position:relative;left:0;top:0;margin:-0.13373559077809818% 0;-webkit-box-decoration-break:clone;box-decoration-break:clone\"><span style=\"background-color:rgba(0,0,0,0.7);-webkit-box-decoration-break:clone;box-decoration-break:clone;position:relative;padding:1.1527377521613833% 2.3054755043227666%;text-align:left;border-radius:2px 2px 2px 2px;color:transparent\"><span style=\"font-weight: 700\">Understanding Different Types of Mortgages<\/span><\/span><\/span><\/h2>\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.533981em;line-height:calc(1.2em + 0.24242435592277628em);text-align:left;padding:0;color:#000000;background-color:rgba(0,0,0,0.7);background:none;position:absolute;top:0;left:0;right:0\" aria-hidden=\"true\"><span style=\"display:block;position:relative;left:0;top:0;margin:-0.13373559077809818% 0;-webkit-box-decoration-break:clone;box-decoration-break:clone\"><span 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class=\"mask\" id=\"el-0a94e060-d08a-4966-b49e-3ad35089df5e\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.6);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:71.35922%;width:72.57282%;height:28.80259%;opacity:1\">\n<div id=\"anim-e67e8ec6-ee00-4736-bd3f-8ee30f8280cb\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-111.70569%, 0px, 0)\">\n<div id=\"anim-8cf3babb-2a88-455a-8748-75a0bae21582\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-1484732d-60a6-4b33-9cc2-324ba4ae0e80\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6688963210702341% 0.6688963210702341% 0.6688963210702341% 0.6688963210702341% \/ 1.1235955056179776% 1.1235955056179776% 1.1235955056179776% 1.1235955056179776%\" id=\"el-e2a4f7a7-4233-486d-9da6-af28b2aae020\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07577341137123746% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">While choosing a mortgage, everyone\u2019s main focus is on the interest rates and the amount of fee charged on that mortgage.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f9c7e47f-60ac-4a97-a350-c9b680334c7c\" auto-advance-after=\"7s\"><amp-story-animation 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style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-268f51be-0bc9-4683-ba7c-739f87768615\">\n<div style=\"position:absolute;width:296.2963%;height:100%;left:-82.46188%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan.jpg\" alt=\"Types of home loan\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan.jpg 750w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan-470x282.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan-370x222.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan-300x180.jpg 300w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Types-of-home-loan-150x90.jpg 150w\" sizes=\"(min-width: 1024px) 133vh, 296vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-29f443c6-2f36-438d-86db-9fa6ff8c34aa\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:80.58252%;width:99.02913%;height:16.99029%;opacity:1\">\n<div id=\"anim-3c80479a-9158-428c-a6b9-8d6971ef1494\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(95.34314%, 0px, 0)\">\n<div id=\"anim-3dfdc00b-d8c7-4375-b0c9-04ef21d5d1f0\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-184bfc7a-381a-4de8-869a-cc82f0052099\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.49019607843137253% 0.49019607843137253% 0.49019607843137253% 0.49019607843137253% \/ 1.9047619047619049% 1.9047619047619049% 1.9047619047619049% 1.9047619047619049%\" id=\"el-1843ce7a-80ad-4bca-90e2-311a695ff831\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.048866421568627416% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">1. Fixed rate mortgage (FRM)<\/span><\/p>\n<p><span style=\"color: #fff\">2. Variable rate mortgage (VRM) or Adjustable Mortgage Rate (ARM)<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.43689%;top:62.45955%;width:111.16505%;height:11.16505%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-783087a9-7d08-4a30-bb71-ef81dddb65cb\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-1.45631%;top:63.26861%;width:101.45631%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 3.3333333333333335% 3.3333333333333335% 3.3333333333333335% 3.3333333333333335%\" id=\"el-99c40475-6fd6-43d6-8777-b2a4821d5173\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08410586124401914% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">There are two major types of Mortgages:<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"a6137d3e-a4ed-4795-93cb-df82039695d3\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-ec591b4b-e849-4554-b5dd-c15f7640c167\",\"keyframes\":{\"transform\":[\"translate3d(-104.7619%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-9e551671-1a7e-4685-8c44-e8067f1e3b75\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-cfeb12ca-b3c2-4983-bf1d-8ba5bb371752\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f46f73e2-1e3b-474b-b8db-309b075e2f40\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-7.52427%;top:63.1068%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-25163bd2-3a34-465a-b5ff-21b8199e32e6\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:67.63754%;width:91.74757%;height:28.80259%;opacity:1\">\n<div id=\"anim-ec591b4b-e849-4554-b5dd-c15f7640c167\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-104.7619%, 0px, 0)\">\n<div id=\"anim-9e551671-1a7e-4685-8c44-e8067f1e3b75\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-cfeb12ca-b3c2-4983-bf1d-8ba5bb371752\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5291005291005291% 0.5291005291005291% 0.5291005291005291% 0.5291005291005291% \/ 1.1235955056179776% 1.1235955056179776% 1.1235955056179776% 1.1235955056179776%\" id=\"el-5e645bf2-2a83-4029-ad70-6c2c860bc7ef\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.05993716931216931% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">In a fixed-rate mortgage, the interest rate remains constant\/fixed for a few years which then, in 2 to 5 years bracket, changes in the variable rate.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-1.21359%;top:54.04531%;width:101.45631%;height:6.6343%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 4.878048780487805% 4.878048780487805% 4.878048780487805% 4.878048780487805%\" id=\"el-b9255427-321d-4bdb-bf26-ec71d8c10a55\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.1177482057416268% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.566343em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Fixed Rate Mortgage<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-1.45631%;top:-9.54693%;width:116.74757%;height:62.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f97b87ac-5357-4efa-8243-bfb8f834e6f0\">\n<div style=\"position:absolute;width:134.44213%;height:100%;left:-17.22107%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages.jpg\" alt=\"Fixed rate mortgages\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages.jpg 750w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages-470x282.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages-370x222.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages-300x180.jpg 300w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2017\/09\/Fixed-rate-mortgages-150x90.jpg 150w\" sizes=\"(min-width: 1024px) 53vh, 117vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:85.92233%;top:101.61812%;width:9.70874%;height:3.55987%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-a16f92a3-c033-4de2-8bd9-85222c871c72\"><svg style=\"display:block;position:absolute;top:0;height:100%;width:auto\" viewBox=\"0 0 17 9\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title>Arrow<\/title><path d=\"M15.9436 4.43653c.2145-.21452.2145-.56234 0-.77687L12.4477.163723c-.2146-.2145286-.5624-.2145286-.7769 0-.2145.214527-.2145.562346 0 .776874L14.7783 4.0481l-3.1075 3.10749c-.2145.21453-.2145.56235 0 .77688s.5623.21453.7769 0l3.4959-3.49594zm-15.769772.1609H15.5552V3.49876H.173828v1.09867z\" fill=\"#FFECE3\"><\/path><\/svg><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c582d228-7075-4927-87d5-c0f6f746bc00\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-be9303fc-bee3-4cc0-8868-1c799ee9f984\",\"keyframes\":{\"transform\":[\"translate3d(104.23281%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-8c63cb23-575e-40c0-b5ee-673d41807f51\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-0fcd94ce-12d1-42f7-9d09-167e11941d28\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2e4481eb-32d9-4988-ab99-d58b95ca12cb [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate(0%, 0%) scale(1.5)\",\"translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":5000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d4d3da\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-2e4481eb-32d9-4988-ab99-d58b95ca12cb\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-1cb470a7-7076-4538-9be3-9abe6f5faadc\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages.jpg\" alt=\"variable rate Mortages\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages.jpg 1080w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-1010x1796.jpg 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-864x1536.jpg 864w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-768x1365.jpg 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-576x1024.jpg 576w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-470x836.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-370x658.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-169x300.jpg 169w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/variable-rate-Mortages-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-7.52427%;top:63.1068%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-1c96c645-b715-42b4-8152-8562e305d94f\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:4.36893%;top:70.87379%;width:91.74757%;height:28.80259%;opacity:1\">\n<div id=\"anim-be9303fc-bee3-4cc0-8868-1c799ee9f984\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(104.23281%, 0px, 0)\">\n<div id=\"anim-8c63cb23-575e-40c0-b5ee-673d41807f51\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-0fcd94ce-12d1-42f7-9d09-167e11941d28\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5291005291005291% 0.5291005291005291% 0.5291005291005291% 0.5291005291005291% \/ 1.1235955056179776% 1.1235955056179776% 1.1235955056179776% 1.1235955056179776%\" id=\"el-80b379b0-1ed5-4bb6-86ac-4d9e5f7c4551\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.05993716931216931% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">The interest rate on the Variable Rate Management can change anytime. To be on the safer side, always make sure that you have some savings aside for the payments if the rates increase.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:85.92233%;top:101.61812%;width:9.70874%;height:3.55987%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-dc24c7b0-1918-4098-8732-eff0cb29bb08\"><svg style=\"display:block;position:absolute;top:0;height:100%;width:auto\" viewBox=\"0 0 17 9\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title>Arrow<\/title><path d=\"M15.9436 4.43653c.2145-.21452.2145-.56234 0-.77687L12.4477.163723c-.2146-.2145286-.5624-.2145286-.7769 0-.2145.214527-.2145.562346 0 .776874L14.7783 4.0481l-3.1075 3.10749c-.2145.21453-.2145.56235 0 .77688s.5623.21453.7769 0l3.4959-3.49594zm-15.769772.1609H15.5552V3.49876H.173828v1.09867z\" fill=\"#FFECE3\"><\/path><\/svg><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.43689%;top:55.98706%;width:111.16505%;height:11.16505%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b7bc4999-9e3c-461f-9bdc-aed068929158\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-0.72816%;top:58.41424%;width:101.45631%;height:6.6343%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% \/ 4.878048780487805% 4.878048780487805% 4.878048780487805% 4.878048780487805%\" id=\"el-9c8300ac-903e-40f7-9537-c83bd18d3f24\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.1177482057416268% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.566343em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Variable Rate Mortgage<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"a661f87a-7dea-4f9c-9fda-eb0825de885e\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-15f3c80c-a636-419f-9058-20ee56881883\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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