What often slips people's minds is that a variable rate mortgage can actually be categorized into two distinct types: a variable rate mortgage and an adjustable rate mortgage.

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The article The Difference Between Fixed Costs and Variable Costs Used in a Flexible Budget originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .

“A variable annuity offers no guarantees on either principal or earnings and its premiums are invested and grow much differently than those of a fixed index annuity.” — Lyle Boss Shopping ...