Variable rate mortgages are based on LIBOR 3 months or 12 months plus the banks margin.
A variable rate mortgage, offers flexible borrowing options to meet your financial goals. Managing uncertainty is important with variable rate mortgages. Our experienced team will provide the knowledge and tools to assess your risk tolerance and financial situation. We’ll keep you informed about market trends and potential rate adjustments, either on a 3 month basis or 12 month basis, either affecting your duration or monthly payments, ensuring you’re prepared for any changes during your mortgage term.
At Harrison Brook Mortgages, we empower our clients. Explore our website for articles and calculators to deepen your understanding of variable rate mortgages. Contact our dedicated team for personalised advice tailored to your needs.
Whether you’re a first-time home-buyer or refinancing, Harrison Brook Mortgages is here to guide you. With our expertise and commitment to exceptional service, we’ll make your home financing journey successful. Contact us today to secure your ideal mortgage.
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