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A comment on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks. Parent comment

Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by room271 on Thursday April 28, 2022 @03:32AM (#31189710)
In the UK it's very common, albeit not for 30 years - more often 2, 5, or 10. See e.g.

https://www.bankofengland.co.uk/bank-overground/2020/why-are...

(In 2020, more than half of new mortgages were fixed for 5 years or more.)

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Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by moonchrome on Thursday April 28, 2022 @03:44AM (#31189791)
That's not fixed rates, that's just variable rate with a delay, it's impossible to get a 30 year loan with a fixed rate in Croatia.
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