AskKbin

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Mateng, (edited ) in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?
@Mateng@kbin.social avatar

Germany. We got our loan in 2018 for 1.78%. A friend of mine even negotiated 1.4%. However, we have a loan term length (is that the word?) of 10 years, so let's hope rates will be low again in 2028.

Edit: It's a fixed interest rate over 10 years. Zinsbindung in German.

ferallettuce,

@Mateng

@briefingWizard936

Loan term refers to the total life of the loan. A 10 year term would mean you could pay off the loan in 10 years through making minimum payments.

Are you referring to an adjustable rate mortgage (ARM)? That’s what’s they’re called in the USA. ARMs haven’t made a lot of sense in most cases as of late.

What does lending look like there? Do you all do 30 year mortgages too? Do you have an option for a fixed rate mortgage?

Mateng,
@Mateng@kbin.social avatar

No, what I meant was a fixed interest rate over 10 years (German: Zinsbindung). The loan is over ~30 years.

After 10 years, we can decide if we change the lender or stay with them. The lender can decide on a new interest rate.

dreday, in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?

The Feds are raising interest rates to combat inflation. Now is not the time to borrow.

FinalFallacy, in What drives you as a person?
@FinalFallacy@kbin.social avatar

Ya know, I have been asking myself that for two weeks now I have learned that over time I have completely lost sight of having passions, deep interests and stuff. I guess it's time to try to rediscover those things because it's hard to get out of bed in the morning.

Hairyblue, in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?
@Hairyblue@kbin.social avatar

12 years ago house mortgage were 4% with good credit.

tal, (edited ) in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?
@tal@kbin.social avatar

For the US, June 2023:

https://www.cnet.com/personal-finance/mortgages/todays-mortgage-rates-for-june-26-2023-rates-trend-higher/

For a 30-year, fixed-rate mortgage, the average rate you'll pay is 7.06%

The average rate for a 15-year, fixed mortgage is 6.46%

Hyacathusarullistad, in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?
@Hyacathusarullistad@kbin.social avatar

Here in Canada my wife and I got 2.19% at the end of 2021.

Unfortunately the 1100 square foot condo we bought cost us 550k.

Awwab,
@Awwab@kbin.social avatar

Ooof

Hyacathusarullistad,
@Hyacathusarullistad@kbin.social avatar

Frankly it was a steal compared to what some of the places we missed out on went for. One place we looked at was listed at 419, we offered 610, and it sold for 731. It was a ~1000 square foot bungalow with a half finished basement.

greatwhitebuffalo41, in The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get?
@greatwhitebuffalo41@slrpnk.net avatar

Damn, what country are you in? I bought at the tail end of the 2008 crash. Things were still low but, coming back up. I think I’m at 4.5%

My friends parents bought in 2007 and keep making terrible financial decisions so they can’t refinance. If I understood right their interest rate is 15% or something INSANE.

briefingWizard936, (edited )

Romania. We are in the EU but not in the €urozone. We still use the local currency. For the same amount in € the rate is 6.40%. Total ripoff compared to the Northern/Western parts of the EU which is why I didn't sign shit. They can go fuck themselves.

greatwhitebuffalo41,
@greatwhitebuffalo41@slrpnk.net avatar

Ohhh. Damn. Hope things get better

briefingWizard936,

I'd rather leave the EU for places with better opportunities for making it big fast.

Collard, in What drives you as a person?
@Collard@kbin.social avatar

Lexapro and Abilify

chaos_rat,
@chaos_rat@slrpnk.net avatar

Are these drugs? Medicine?

Elixartist, in What drives you as a person?

Looking forward to the things I'll learn and conversations I'll have.

supermurs, in What drives you as a person?
@supermurs@kbin.social avatar

Thanks for asking! Lately I've been trying to cut down time spent in social media and other apps to be more present at home and giving more attention to people around me.

I've also tried to take more active role in meal preparation, my wife has appreciated that. :)

chaos_rat,
@chaos_rat@slrpnk.net avatar

These are the goals to approve of. I’m also learning to cook lately!

czech, in Confused about how lemmy.world and kbin are linked to each other...?
@czech@kbin.social avatar

Ernest is the creator of kbin and the admin of kbin.social. When another instance federates with your community it creates local copy of your community on that instance. The first admin of the kbin instance is always listed as the "owner" of the federated community but they cant actually take any moderation actions in your community. I believe the admin of the federated instance can moderate what appears on their instance though.

justlookingfordragon,
@justlookingfordragon@lemmy.world avatar

Ooooh okay.... that make sense. For a moment I honestly thought someone was just lazily mooching off my content (it has happened before, sadly) but if that's basically the default setup for every community not native to kbin, then I don't have anything to worry about. =)

Thanks for explaining! ^^

z2k_,
@z2k_@lemmy.nz avatar

That’s just how federation works. Even between Lemmy instances.

Your community is also on this path on the lemmy.ml instance: lemmy.ml/c/breath_of_the_wild@lemmy.world

justlookingfordragon,
@justlookingfordragon@lemmy.world avatar

Huh, weird. When I click that link, it does show the community and the sidebar/rules, but not a single post. Is that supposed to happen?

z2k_,
@z2k_@lemmy.nz avatar

Federation is a bit weird, because I searched and discovered it yesterday it should start syncing new posts from that date for lemmy.ml.

justlookingfordragon,
@justlookingfordragon@lemmy.world avatar

As long as it does start syncing eventually, that’s fine with me. I would just have found it weird to kinda “block” that particular community/magazine/etc. across all instances if the end users don’t even get access to the content.

… but then again, the Fediverse is probably just overwhelmed ATM so things like these slow down for a while. It’ll probably get better once the dust settles a bit after the reddit exodus (reddodus? rexodus? exoddit? I can’t think of a good portmanteau)

dedido,

Rexxit!

jessecreates, in What drives you as a person?
@jessecreates@kbin.social avatar

My newborn baby, playing some more Zelda, and the potential for a new adventure

chaos_rat,
@chaos_rat@slrpnk.net avatar

Congratulations!

PupBiru, in How do I remove sticker residue from glass containers?
@PupBiru@kbin.social avatar

orange oil is one i haven’t seen mentioned yet!

i haven’t tried olive oil and other similar oils like others have suggested, but there’s a product in my country that’s specifically sticky stuff remover (like label residue) and it’s made of orange oil

ConfusedLlama,
@ConfusedLlama@kbin.social avatar

Wait... oranges have oil?! O.o

DasRubberDuck,

It's in the peels and has lots of the fruits flavour. All citrus have it, that's why you grind a bit of lemon peel into your food: It tastes way more lemony than the juice.

gar_thurion, in How do I remove sticker residue from glass containers?

Band-aid residue is removed with gasoline. I’d give it a shot.

Dantastic, in Is Grammarly premium worth it?

If you have Microsoft Word, just use the built in spell and grammer check. It's far more capable these days and is very feature rich.
Another user pointed out how much worse you can make your writing using it. I had a peer in a group project put our work through Grammerly and mindlessly accept what it said to do and it ruined the writing.

Mind you, I've never been a fan of Grammerly and certainly don't understand how people could pay for it. And certainly would never be comfortable using it for free, because then they're data mining me.

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