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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 months ago

Mexico's introduces zero-interest mortgages in new affordable housing push

www.newsweek.com

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Mexico's introduces zero-interest mortgages in new affordable housing push

www.newsweek.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 months ago
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Mexican President Claudia Sheinbaum launched a sweeping plan to address the country's affordable housing crisis.
  • queermunist she/her@lemmy.ml
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    2 months ago

    Interesting finance quirk: without interest, a 30-year mortgage actually gets cheaper over time due to inflation.

    • 小莱卡@lemmygrad.ml
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      2 months ago

      That is if the currency devaluates but yes.

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