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by nemo44x
1181 days ago
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In the USA your interest rate is fixed for the term of the mortgage. There are exceptions but they are comparably extremely rare. I think you have a good point though regarding places that reset interest every n-years. People will struggle to make payments. It will be interesting to see what happens in places like Canada. I’m guessing millions more people on the governments teet. I assume the current admin wound love that. |
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