User talk:Me mi mo

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NightFlight's Talk
I've seen your text on Variable-Rate mortgage Wikipedia's page

In France, it seems obvious that variable rate loans are the origin of subprime crisis.

Why ?

Because real estate lending is more commonly fixed rate in our country, even for long term. I've read last FED report about subprime crisis http://www.frbatlanta.org/filelegacydocs/wp0902.pdf, and was very amazed by the fact it did not talk about fixed rate vs variable rate loan.

How can a single customer be able to plan his future, when he doesn't knows how will be his earnings and now much he'll have to pay for his home in a few years, it's awful.

I'm currently searching for the list of country that do not allow fixed rate for long term loans. I hopped to find this list in discussion page, but it wasn't ther.

Thanks for your lights —Preceding unsigned comment added by 83.204.101.175 (talk) 20:24, 13 May 2009 (UTC)