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In Italy you can fix for 15,20,30 years (same as other southern european countries?). Notably access to credit here is harder due to to the debt crisis we had after 2008.

In the nordics like Sweden is like Australia, you can fix for a few years at most.

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In Denmark, all lenders must be able to take a 30 year fixed interest mortgage. If they can do that, and still have additional room in their finances, they can be allowed to take home a more risky loan, all the way down to interest adjust every 3 months.

My understanding is that fixed, 20 or 30 year mortgages are limited to countries like the US, Denmark, and a few others.

In other countries you can get longer fixed terms, but the increase in interest rates make it quite unattractive.

In Denmark, the difference in interest is 1.5-2.5% between a fixed interest loan and a variable one. Historically it has always been a good idea with a variable interest loan, but that changed after covid.

What are the interest rates on those terms? That’s the interesting part

I had a 20y fixed at 1.2% last year

That’s incredible

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