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  • Affaires de PiassesOPM
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    2 years ago

    In France, one of my friends has a 25 years 0.8% mortgage. The fees to break it are also limited by law, so if the rate was ever to drop below that, he could just pay the fee and get the new lower rate, but the bank will not be able to increase it.

    On the other hand, refinancing is harder in France.

      • Affaires de PiassesOPM
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        2 years ago

        Like any place, it has good sides and bad sides. But many French people are trying to immigrate to Canada/Quebec, so probably not that awesome in the end.