• JWBananas@startrek.website
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    1 year ago

    The user you are responding to has an account on a .ca domain. In Canada (as well as UK) it is more common for the rate to only be locked in for 5 years.

    • Dark Arc@social.packetloss.gg
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      1 year ago

      Well that’s lame… You guys should do something about that, as a US home owner, having a fixed rate mortgage is one of the best parts about owning vs renting.

        • Dark Arc@social.packetloss.gg
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          1 year ago

          In Canada (as well as UK) it is more common for the rate to only be locked in for 5 years.

          I think it’s pretty clear I was talking about the folks you’re referring to… not you specifically if you’re not in that group… but fair enough.