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Re:IMF working paper suggests using browsing history in cred... by sgerenser on Tuesday August 24, 2021 @02:44PM (#28293124)
Yes, but hardly anyone uses them because fixed rate mortgages are so much better of a deal in most cases. The government owned guarantors (Fannie/Freddie mainly) are the main reason that 30 year mortgages can be offered at such low rates in the U.S.
Re:IMF working paper suggests using browsing history in cred... by pc86 on Tuesday August 24, 2021 @04:05PM (#28294226)
My point was that the things they're calling fixed-rate mortgages are in fact not fixed-rate mortgages.