2 ms·
My understanding is that fixed, 20 or 30 year mortgages are limited to countries like the US, Denmark, and a few others. In other countries you can get longer
by refurb 3y ago
My understanding is that fixed, 20 or 30 year mortgages are limited to countries like the US, Denmark, and a few others.
In other countries you can get longer fixed terms, but the increase in interest rates make it quite unattractive.
- mythhabit 3y agoIn Denmark, the difference in interest is 1.5-2.5% between a fixed interest loan and a variable one. Historically it has always been a good idea with a variable interest loan, but that changed after covid.