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A variable interest rate is adjustable and can vary a lot over the term of your loan. A fixed interest rate is fixed at the time you get the money and can't be changed later.
It's expected that interest rates will increase over the coming years so it makes sense to freeze in a lower rate whenever that is possible. Many people in the US got loans at variable rates earlier this decade and that got them into big trouble when rates increased.
If you can find someone that agrees to give you a dollar loan at a fixed interest rate right now, go for it. The way the dollar is going (inflation, printing presses running full-time, etc.) you can only win.
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