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Small-Scale Question Sunday for November 12, 2023

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Low principal and high interest is far better than high principal and low interest. With high interest rates you can slowly remortgage as rates fluctuate, while with low interest rates if they are going to change they are likely changing up, which means remortgaging doesn't work and also you really don't want to sell your current house that you got on at a lower rate to move to a new one (even though it would be good for you and the economy as well) that comes with a higher rate, thereby discouraging people moving to where it is economically best for them.