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The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get? (media.kbin.social)

submitted 1 year ago by briefingWizard936@kbin.social to c/AskKbin@kbin.social

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[–] greatwhitebuffalo41@slrpnk.net 2 points 1 year ago (1 children)

Damn, what country are you in? I bought at the tail end of the 2008 crash. Things were still low but, coming back up. I think I'm at 4.5%

My friends parents bought in 2007 and keep making terrible financial decisions so they can't refinance. If I understood right their interest rate is 15% or something INSANE.

[–] briefingWizard936@kbin.social 2 points 1 year ago* (last edited 1 year ago) (1 children)

Romania. We are in the EU but not in the €urozone. We still use the local currency. For the same amount in € the rate is 6.40%. Total ripoff compared to the Northern/Western parts of the EU which is why I didn't sign shit. They can go fuck themselves.

[–] greatwhitebuffalo41@slrpnk.net 1 points 1 year ago (1 children)

Ohhh. Damn. Hope things get better

[–] briefingWizard936@kbin.social 1 points 1 year ago

I'd rather leave the EU for places with better opportunities for making it big fast.