Vita Kazėnienė. Peace of Mind or Flexibility: Which Type of Mortgage Interest Rate Is Worth Choosing?

Lietuvos Radijas ir Televizija

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From 1 May 2025, when offering a mortgage loan, mortgage lenders must offer each client two individual options – one with a variable interest rate and one with a fixed interest rate of at least 5 years. If it is not possible to offer a five-year fixation for objective reasons, the bank must provide a measure that reduces the risk of fluctuations in the variable interest rate for at least the same period.