The term variable interest entity refers to when an investor obtains less than a majority owned interest. A variable interest entity is subject to consolidation if certain conditions exist.

A variable is an entity that may change its value. In a program, the result of the processing statements are stored in the computer's memory.

Yes, because a variable interest rate can go up as high as 9% APR when you can get a fixed APR of 3.5%. Also with variable interest your payments will always jump around and with fixed your payments are what you sign.

If you want a variable interest rate to fixed, refinancing your home would be the way you can accomplish this. Variable rate also known as an adjustable rate mortgage should be refinanced before your interest rate adjust.

Yes