Comment by current_thing
3 years ago
Probably not fixed rate.
Every country hates on its poor in different ways: in the USA it’s the lack of healthcare, in the Uk the lack of long term fixed rate mortgages.
3 years ago
Probably not fixed rate.
Every country hates on its poor in different ways: in the USA it’s the lack of healthcare, in the Uk the lack of long term fixed rate mortgages.
The US also has a severe housing affordability crisis :-)
Looks like it’s going to tank…
Canada does not have long-term fixed rate mortgages either.
Nor does Australia, 5 years max usually and the interest rates are fairly punitive.