30-year fixed rate mortgages should not exist. They only exist in the US and Denmark: https://www.thediff.co/p/the-30-year-mortgage-is-an-intrinsically-toxic-p

30-year fixed rate mortgages should not exist. They only exist in the US and Denmark: https://www.thediff.co/p/the-30-year-mortgage-is-an-intrinsically-toxic-product-200c901746a?triedSigningIn=true https://www.thediff.co/p/the-30-year-mortgage-is-an-intrinsi... And they only exist because of A LOT of government intervention. If interest rates don't continue to only go down - I imagine you'll see them disappear in the US and Denmark. US & EU banks mostly make their mortgage profits from constantly refinancing at ever lower rates.