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Re:The Era of Very Low Inflation and Interest Rates May Be N... by Xylakant on Thursday April 26, 2018 @05:55PM (#16936219)
In Germany, 10 year fixed mortgages are common, though shorter terms get you lower interest.
Re:The Era of Very Low Inflation and Interest Rates May Be N... by patrickk on Friday April 27, 2018 @04:08AM (#16939180)
I've heard of fixed rate mortgages up to 15 years, at interest rates as low as 1.6%-1.7% if you have a secure job and an established relationship with a landesbank.
Re:The Era of Very Low Inflation and Interest Rates May Be N... by eCa on Thursday April 26, 2018 @06:07PM (#16936323)
In Sweden, lots of mortgages are adjusted every three months, and I would assume (though not certain) that a majority of mortgages are fixed on no more than two-three years.
Re:The Era of Very Low Inflation and Interest Rates May Be N... by Xylakant on Thursday April 26, 2018 @06:32PM (#16936556)
German banks have always been extremely conservative when it comes to mortgages. It’s hard to even get a mortgage when you don’t have a secure job and bring a substantial down payment (like 20-30% of the house/apartment total).