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The latest figures from Energyhelpline show that the three best deals are all discounted variable rates.
Home equity lines of credit have variable rates and can be tapped into at any time.
Most importantly, it would have covered 70% of households on standard variable rates.
But variable rates also expose the buyers to greater risk.
"For the most part, they have variable rates with no caps and no limits on fees," Ms. Asher says.
This could in theory mean that 70% of the market – bill payers on standard variable rates – could benefit.
But those products which allowed some discretion – largely standard variable rates (SVRs) – were being reviewed by many lenders.
A Nationwide spokesman said rates on three- to five-year fixed, capped and discounted variable rates would be most affected.
Inside, the Sun identifies eight "piggy banks" that it says are "snout of order" for not cutting their variable rates.
"Corporate borrowing is usually on variable rates, so when rates go up, it feeds through the system and increases prices".
Only one-fifth of the $9 trillion in total household debt, or $1.8 trillion, is borrowed at variable rates.
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