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RE: Bounty: how do mortgage rates work?
That does not explain 2x difference. Imho or why the difference in other countries is much smaller
That does not explain 2x difference. Imho or why the difference in other countries is much smaller
other countries still make 3-4% extra compared to thr saving rate. In US, rates are so low that operating margin seems higher in % but not in $ amount.
I don't think this is accurate. I think US is one of the highest interest rates of all the western countries .
But I am not here to argue about that. Just wan't to understand how these rates come about.