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A comment on New Zealand plunges into recessionary spiral. Parent comment

Re:New Zealand plunges into recessionary spiral by ghaff on Saturday November 05, 2022 @10:05AM (#33481586)
You can generally refinance though even with a fixed rate. (There is more overhead though than just going with whatever the current adjustable rate is though.)
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Re:New Zealand plunges into recessionary spiral by alistairSH on Saturday November 05, 2022 @01:57PM (#33483881)
Yeah, borrowers can refinance in the US. We have a few times as rates dropped. Now that they’re going up, we’re locked in at a great rate and don’t have to worry.
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