The U.S. is unique in that it offers fixed-rate 30 year mortgages to basically everyone who can afford the monthly payments. Once you've locked in a 30 year mor

The U.S. is unique in that it offers fixed-rate 30 year mortgages to basically everyone who can afford the monthly payments. Once you've locked in a 30 year mortgage at a great rate, it's super cheap money - your new goal is to basically hold it until it's completely paid off. Then, the only way you can move is by renting out your old place.