60% of respondents currently using a mortgage loan had a variable interest rate (from Sumitomo Mitsui Trust Asset’s Mirai Research Institute’s “Survey on Awareness and Actual Conditions Concerning Housing and Asset Formation (2023),” an independent questionnaire survey of 10,000 people (aged 20-69)).
The vexing “mortgage” question…fixed? Floating? Or a mix? How will “rising long-term interest rates” change things?
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