Britain | Mortgage reform
Boris Johnson wants 25-year fixed-rate mortgages
Denmark shows the way
WITH THE average new mortgage costing 2.14% a year, it has never been cheaper to finance a purchase, and the divergence between the costs of buying and renting (see chart) further strengthens the incentive to buy. But regulation makes it impossible for many.
This article appeared in the Britain section of the print edition under the headline “Fixing it”
Britain October 10th 2020
From the October 10th 2020 edition
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