this post was submitted on 02 Oct 2024
95 points (100.0% liked)

World News

32277 readers
432 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] fushuan@lemm.ee 3 points 4 weeks ago (1 children)

In Spain you can decode between fixed or variable rates, and although fixed rates are usually a bit higher, having the peace of mind that suddenly the mortgage won't raise next month and being able to plan around a fixed monthly cost is such a big peace of mind.

Fixed rates are the best.

[โ€“] DScratch@sh.itjust.works 2 points 4 weeks ago

Fixed rates are safer, for sure.

But during the pandemic, when rates went to near zero, I was very glad to be on a variable.