Not sure what lock-in period means. This was a variable/monthly rate. So it coul... | Hacker News

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the-dude on Sept 9, 2020 | parent | context | favorite | on: The Fed now owns nearly 1/3 of all U.S. mortgages

Not sure what lock-in period means. This was a variable/monthly rate. So it could go even lower.

Current 30 year rates in the EU are comparable to the US ones, maybe even lower.

MattGaiser on Sept 9, 2020 [–]

By lock in he is asking if the rate can change. In the USA, the rate is permanent.

topspin on Sept 9, 2020 | [–]

> In the USA, the rate is permanent.

Variable rate mortgages exist in the US.

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