5 ms·

I assume you're used to fixed rate mortgages. A whole bunch of countries don't have those. Actually I only know about the US having real fixed rate mortgages. O

I assume you're used to fixed rate mortgages. A whole bunch of countries don't have those. Actually I only know about the US having real fixed rate mortgages. Other places either have mostly variable rates or some sort of fixed period and a mechanism to bring up the rate in some conditions.

a2tech 4y ago
That sucks for folks then. I'd definitely push for that to change. In the US you may not always get the best interest rate but it'll usually be the same for the entire length of the loan.