3 points
At least you can’t get kicked out or have your rent raised for arbitrary reasons. Some renters are basically moving every year.
3 points
2 points
Mortgages can change repayments amounts as the central lending rate changes.
We’re in a squeeze in Canada right now because rates went up and a bunch of mortgages are up for renewal. (5-year fixed rate is standard here)
3 points
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.
2 points
2 points
It went up a little, but nothing compared to the equivalent in rent you’d pay for the same place.
2 points
2 points
