It's much more varied now, so you run the risk of being stuck at a higher rate, no?
Yeah, now it's shit, but it's shit because of the UK system of short mortgages. Other countries fix for the whole term with a moderate interest rate which protects people from becoming speculators with a highly leveraged asset.
@hippy started
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It's much more varied now, so you run the risk of being stuck at a higher rate, no?