[conwaytwitty]

Sounds similar with a base reference rate + lender's margin (in finland currently like 0.2-0.5% for house loans), but for some reason the base rates are positive in the us?

After 2008 in europe the rates took a dive and have been negative for a few years.

[einarvollset]

Doesn’t work like that in the US. Most mortgages are fixed rate for the duration of the mortgage.