this post was submitted on 14 Aug 2023
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Monday: Silly Questions (lemmy.ca)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago (1 children)

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.

[–] [email protected] 2 points 1 year ago (1 children)

France always sounds fucking awesome.

[–] [email protected] 1 points 1 year 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.