3 ms·
That's wrong, long term exist rates exist all over Europe. France has very popular 20 year fixed mortgages at great low rates, 30 years are not uncommon. Before
by i_am_programmer 3y ago
That's wrong, long term exist rates exist all over Europe. France has very popular 20 year fixed mortgages at great low rates, 30 years are not uncommon. Before recent inflation causing rate hikes, you could access interest rates between 1% - 3% for these types of deals
- tomekf 3y agoCan confirm. I have 30 year fixed at 1.2% here in Spain
- pxx 3y agoI fixed the wording to be more clear about what I meant. These are also often subsidized products. Long-term fixed rate is still a relative rarity globally, especially in the US style where there are no prepayment penalties. France is a notable exception, as specified in https://business.sdsu.edu/research/_files/_realestate/international-comparison-mortgage.pdf https://business.sdsu.edu/research/_files/_realestate/intern... , but still doesn't have the prepayment-penalty-free nature (though prepayment penalty amounts are capped by law).
- hsjqllzlfkf 3y agoJust to double check, are you sure those 30 year are fixed?
- J_cst 3y agoI have a 25y mortgage at 1.28 fixed. I accessed it less than 3 years ago. Italy