Meanings of variable mortgages in English

In contrast, holders of variable mortgages have seen repayments increase sharply.

Both fixed and variable mortgages have pros and cons.

Homeowners with standard variable mortgages (SVR) look set to benefit from reduced interest rates from July.

Irish banks are charging up to 4.5 per cent interest on their standard variable mortgages.

There are hundreds of variable mortgages available, with some rates starting as low as 2.69 per cent.

ECB-related tracker mortgage rates will increase by 0.25% as well the rates on its variable mortgages.

Lenders have been increasing rates on standard variable mortgages to compensate for losses on tracker mortgages that automatically follow changes in the ECB rate.