3 ms·

You can't compare 3 month term interbank loans to a 30 year term mortgage. 30 year tbills are around 2.25%.

• distances 10y ago
  That wasn't a comparison to the 30 year fixed mortgage, just brought up an alternative. And this is not theoretical, the usual way to get a mortgage around here is Euribor with a margin for the bank added, practically no-one gets decades-long fixed mortgages.
  • rmah 10y ago
    A 3mo interbank rate is not an alternative to a 30 yr consumer mortgage.
    • distances 10y ago
      Not sure what you mean -- as I said, that's what people do around here: interbank rate + bank marginal. Fixed 30-year mortgages are very rare.