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> one of the main contributors to Germany's low household debt is a 10 year cap on mortgages. Where did you get the idea of that cap? 10-year mortgages were t
by groby_b 10y ago
> one of the main contributors to Germany's low household debt is a 10 year cap on mortgages.
Where did you get the idea of that cap?
10-year mortgages were the common case, but there's no actual cap. (See here for current mortgage interest rates up to 30 years: https://www.baufi24.de/tagesaktuelle-hypothekenzinsen/ https://www.baufi24.de/tagesaktuelle-hypothekenzinsen/)