[montzark]

There is nuance that interest changes over the period of the loan. In or so 2007 some people took 5% Euribor + margin loans, but only some years after it was negative. And since negative euribor was not written to contracs some paid less interest than was margin.

[lotsofpulp]

In the US, 90% of loans are fixed rate for the entire term.

https://twitter.com/RickPalaciosJr/status/150811381352611430...

[xnx]

but can be refinanced if lower rates become available

[gedy]

Not typical in the US where many/most? mortgages are fixed rate for the entire 30 years

[montzark]

My bad, I'm from Europe. I think here is vice versa.