The development of the variable interest rate mortgage (V.I.R.) will enable new flexibility in the consumer‘s ability to buy a new home. The most profound effect of the V.I.R. will occur in the secondary loan or re-sale market for mortgages. The future of consumer finance, including new conveniences like the idea of an automated teller machine to dispense cash and automatic payments of mortgages and taxes from a bank account, is also discussed.