[rvense]

30 year fixed-rate is very much the norm here in Denmark. There was a period of experimentation leading up to 2007, but I think fixed rate is very popular. I'm certainly happy that's what we went for when we bought our first house two years ago.

[lupire]

It's hard to call it a "norm" when it's so new that no one has yet seen one completed.

[rvense]

It's been like this for at least 50 years, maybe more - the underlying system of credit associations goes back to the lat 1700's.

The mortgage market was very tightly regulated to really only permit the 30-year fixed-rate mortgages until 2002.