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A comment on A Canadian payroll dependency chart. Parent comment
Variable rate mortgages were a better bet 88% of the time between 1950 and 2000:
* https://wowa.ca/static/fixed-vs-variable-study.pdf
Post-2000 variable did fairly well as well.
It's the recency bias of the last 1-2 years that have people really freaking out about it.
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Variable rate mortgages were a better bet 88% of the time between 1950 and 2000:
* https://wowa.ca/static/fixed-vs-variable-study.pdf
Post-2000 variable did fairly well as well.
It's the recency bias of the last 1-2 years that have people really freaking out about it.