Robert McLister·General·September 29, 2008More Variable Rate Discounts Disappear Popular lenders ING and MCAP are now the latest to announce they are eliminating discounts for variable rate mortgages. After midnight tonight they will be at prime. There are now exceedingly few places to get good discounts on variable-rate mortgages. Hopefully this is a short-term phenomenon but there is no way to know when the big discounts will come back. If you need a variable rate mortgage in the next 120 days call a mortgage planner now. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.