this post was submitted on 06 Jun 2026
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me_irl

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[โ€“] menas@lemmy.wtf 1 points 1 day ago (1 children)

Your guys have fixed interest rate for housing ? Here their is only composed one. We used tu pay 50k of interest for a 20 year loan

[โ€“] dparticiple@sh.itjust.works 1 points 14 hours ago

30 year fixed rate mortgages are still the predominant mortgage type here in the US. There are other products like shorter term fixed rate and adjustable rate mortgages. (See https://www.mpamag.com/us/mortgage-industry/guides/the-7-most-popular-types-of-mortgage-loans-for-home-buyers/255499 for a good overview).