Long-term fixed-rate mortgages through an international lens: could they lead to higher home ownership?

Created
Wed, 09/10/2024 - 19:00
Updated
Wed, 09/10/2024 - 19:00
Gabija Zemaityte The Tony Blair Institute for Global Change, among others, has argued that long-term fixed-rate mortgages (LTFRMs) could increase home ownership in the UK. The share of mortgages with longer fixes increased in the UK and internationally over the last decade. Persistently low interest rates over that period have supported demand for longer-fix products, … Continue reading Long-term fixed-rate mortgages through an international lens: could they lead to higher home ownership?