Fixed or variable mortgage: how to decide without being caught out by the Euribor
Choosing between a fixed and variable mortgage is one of the most important financial decisions most people make. Not because it is technically complicated, but because the consequences extend over decades and the interest rate environment changes constantly throughout that time.
The good news is that there is no universally correct answer. There is, however, a way of thinking through the decision that lets anyone make it with confidence, without needing to be an economist.