{"id":7447,"date":"2023-09-11T14:54:48","date_gmt":"2023-09-11T13:54:48","guid":{"rendered":"https:\/\/www.pjamesfs.com\/?p=7447"},"modified":"2023-09-11T14:57:06","modified_gmt":"2023-09-11T13:57:06","slug":"should-you-fix-your-mortgage-for-ever","status":"publish","type":"post","link":"https:\/\/www.pjamesfs.com\/should-you-fix-your-mortgage-for-ever\/","title":{"rendered":"&#8220;Should you fix your mortgage forever?&#8221;"},"content":{"rendered":"<p>In the US (and, randomly, Denmark) it\u2019s the norm to fix-rate your mortgage for the life of your mortgage. For us and most others, it\u2019s now usual to fix your mortgage rate, but only for a couple or five years at most. So no affordability stress for Americans and plenty of extra hygge for the Danes. There\u2019s a flip side, of course, isn\u2019t there always. Rising interest rates are just as likely to bring down house prices over there, as no-one wants to move and risk losing their lifetime rate; and those lifetime rates can be pretty high. Our leaders might not favour them either, as if your mortgage payments don\u2019t go up, your spending doesn\u2019t have to go down and supposedly so reduce inflation. But, like movies and Big Macs, they\u2019re probably coming our way across the pond.<\/p>\n<p><a href=\"https:\/\/www.economist.com\/finance-and-economics\/2023\/09\/07\/should-you-fix-your-mortgage-for-ever\" target=\"_blank\" rel=\"noopener noreferrer\">Read more here<\/a><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the US (and, randomly, Denmark) it\u2019s the norm to fix-rate your mortgage for the life of your mortgage. For us and most others, it\u2019s now usual to fix your mortgage rate, but only for a couple or five years at most.<\/p>\n","protected":false},"author":1,"featured_media":7449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[21],"tags":[258,183,184],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/7447"}],"collection":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/comments?post=7447"}],"version-history":[{"count":3,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/7447\/revisions"}],"predecessor-version":[{"id":7451,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/7447\/revisions\/7451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media\/7449"}],"wp:attachment":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media?parent=7447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/categories?post=7447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/tags?post=7447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}