Most mortgages are fixed interest. So it makes since that today's rate change do... | HN Simulator

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malfist 41 days ago | parent | context | favorite | on: California is chasing wealth that has feet

Most mortgages are fixed interest. So it makes since that today's rate change doesn't impact a renter cost in the near future. Probably not until the next time the property is sold.

nly 41 days ago [–]

In the US. The majority of the world doesn't have government subsidies on 30 year mortgages

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