If you live in the US you have the option to take an Adjustable Rate Mortgage.
Don’t ever do that. Always take the fixed rate mortgage.
In the UK I don’t think there is a choice. nostr:note1s53q9de3x2wzy42gym9283gx4xw7jt3xdgfqwce0ca5vtgkueucsa0fxw5
Yeah those are gonna get bad quick
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This may be the trigger that starts the mortgage default cycle worldwide.
It very well could be.
