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The authors consider the difference equation $${\Delta }^m[y_n-p_n{y}_{n-k}]+\delta q_n{y}_{\sigma (n+m-1)}=0(*)$$ where $m\ge 2$, $\delta =\pm 1$, $k\in N_0=\{0,1,2,\cdots \}$, $\Delta y_n=y_{n+1}-y_n$, $q_n>0$, and $\left\{\sigma \right(n\left)\right\}$ is a sequence of integers with $\sigma \left(n\right)\le n$ and ${lim}_{n\to \infty }\sigma \left(n\right)=\infty$. They obtain results on the classification of the set of nonoscillatory solutions of ($*$) and use a fixed point method to show the existence of solutions having certain types of asymptotic behavior. Examples illustrating the results are included.