Here in France people only ever do fixed rate, generally for 20 or 25 year mortgages. I have never heard of someone buying a home with a variable rate loan, not sure if it's even legal.
It might have been a pretty good deal for the people who bought homes with 25 year 0.7-0.9% interest rate mortgages these last few years.
It might have been a pretty good deal for the people who bought homes with 25 year 0.7-0.9% interest rate mortgages these last few years.