𝓹𝓻𝓲𝓷𝓬𝓮𝓼𝓼@lemmy.blahaj.zone to Not The Onion@lemmy.worldEnglish · 2 days agoCEO who fired 900 people on Zoom just before Christmas wants his job backwww.cnn.comexternal-linkmessage-square35fedilinkarrow-up1482arrow-down15cross-posted to: hackernews@lemmy.bestiver.setechnology@lemmit.online
arrow-up1477arrow-down1external-linkCEO who fired 900 people on Zoom just before Christmas wants his job backwww.cnn.com𝓹𝓻𝓲𝓷𝓬𝓮𝓼𝓼@lemmy.blahaj.zone to Not The Onion@lemmy.worldEnglish · 2 days agomessage-square35fedilinkcross-posted to: hackernews@lemmy.bestiver.setechnology@lemmit.online
minus-squareChickenLadyLovesLife@lemmy.worldlinkfedilinkEnglisharrow-up1·1 day ago US mortgages are almost always fixed-rate A lot of them are variable-rate which is just insane. You’re allowing your mortgage lender to charge you whatever interest rate they feel like charging, with your only out being the hassle of refinancing.
minus-squarekkj@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·14 hours agoI’ve read that that’s common in other countries, but I haven’t heard of any here.
minus-squaretaco@anarchist.nexuslinkfedilinkEnglisharrow-up1·4 hours agoIt used to be more common, but I think it got a lot less so after the 2008 economy did its thing. At least that’s my anecdotal impression.
A lot of them are variable-rate which is just insane. You’re allowing your mortgage lender to charge you whatever interest rate they feel like charging, with your only out being the hassle of refinancing.
I’ve read that that’s common in other countries, but I haven’t heard of any here.
It used to be more common, but I think it got a lot less so after the 2008 economy did its thing. At least that’s my anecdotal impression.