3 ms·
Sounds similar with a base reference rate + lender's margin (in finland currently like 0.2-0.5% for house loans), but for some reason the base rates are positiv
by conwaytwitty 8y ago
Sounds similar with a base reference rate + lender's margin (in finland currently like 0.2-0.5% for house loans), but for some reason the base rates are positive in the us?
After 2008 in europe the rates took a dive and have been negative for a few years.
- einarvollset 8y agoDoesn’t work like that in the US. Most mortgages are fixed rate for the duration of the mortgage.