2 ms·

Here's some historical data: http://www.freddiemac.com/pmms/pmms30.html http://www.freddiemac.com/pmms/pmms30.html

• alkonaut 8y ago
  Ah. They are fixed long term, that explains the huge margins. Here we do 3-months mostly so the lenders risk in terms of future costs of their borrowing is near zero. That’s why my rate is e.g 1.3%. I have part of my mortgage fixed at a 2y interest rate but I wouldn’t want to fix it longer (and I would hate to have pegged my rate pre-2008 to some interest rate based on the expectation of inflation from back then)