30 year fixed mortgages are actually not as good of an idea as you'd think. I actually spent a significant part of my early career working with real estate eco

30 year fixed mortgages are actually not as good of an idea as you'd think. I actually spent a significant part of my early career working with real estate economists. A bunch of economists I know actually lost money fixing their mortgages in 2008. They fixed at too high a rate and weren't prepared for the low interest rates environment.