3 ms·

There is nuance that interest changes over the period of the loan. In or so 2007 some people took 5% Euribor + margin loans, but only some years after it was ne

There is nuance that interest changes over the period of the loan. In or so 2007 some people took 5% Euribor + margin loans, but only some years after it was negative. And since negative euribor was not written to contracs some paid less interest than was margin.

lotsofpulp 4y ago
In the US, 90% of loans are fixed rate for the entire term. https://twitter.com/RickPalaciosJr/status/1508113813526114306?s=20&t=kypE8hDL2n7fYKlJQzoGFw https://twitter.com/RickPalaciosJr/status/150811381352611430...
- xnx 4y ago
  but can be refinanced if lower rates become available
gedy 4y ago
Not typical in the US where many/most? mortgages are fixed rate for the entire 30 years
- montzark 4y ago
  My bad, I'm from Europe. I think here is vice versa.