3 ms·
In Germany, 10 year fixed mortgages are common, though shorter terms get you lower interest.
by Xylakant 9y ago
In Germany, 10 year fixed mortgages are common, though shorter terms get you lower interest.
- eCa 9y agoIn Sweden, lots of mortgages are adjusted every three months, and I would assume (though not certain) that a majority of mortgages are fixed on no more than two-three years.
- Xylakant 9y agoGerman banks have always been extremely conservative when it comes to mortgages. It’s hard to even get a mortgage when you don’t have a secure job and bring a substantial down payment (like 20-30% of the house/apartment total).
- patrickk 9y agoI've heard of fixed rate mortgages up to 15 years, at interest rates as low as 1.6%-1.7% if you have a secure job and an established relationship with a landesbank.