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[–] 3 points 2 years ago (1 child)

It is standard in the US. Adjustable rate mortgages are available as well, but they have not been popular since the 2008 crisis.

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  • [–] 2 points 2 years ago

    Yeah, that's understandable.

    The US got the brunt of that particular crisis. The UK didn't seem quite as bad, although I did notice you needed a much larger deposit after that. Pre subprime-crisis they were cheerfully handing out 110% mortgages, which in retrospect was fucking mental.

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