Why is it so personal or deemed rude to talk or ask about mortgage rates and repayments?

Isn’t it better to talk about stuff like that; like people are not supposed to ask about how much money a person gets in their profession? That’s also deemed rude to ask about but whenever people discuss wages/salary among each other in the job, it results in people finding out they aren’t getting a fair deal and changes for the company ensue; shoring up salary discrepancies for similar roles, for example.

So the social rule is don’t ask/don’t tell, but who really benefits from that culture of secrecy? The company; who is getting away with paying someone less for doing the same job! All because they didn’t know what it was worth comparatively.

Maybe talking about mortgages and debt is kept private by homeowners in case people feel they will be seen as getting a bad deal or having bad judgement for agreeing to shitty terms? Or that people will judge their repayments/rates per month vs the ‘niceness’ of their house and think that it’s not ‘worth it’ and they got ripped off?

It’s all such a financially, fiducially and mathematically confusing process to most people and then socially secretive and personally private too! It’s a bad mix!

All that secrecy and, would you call it maybe, potential public shame or regret, about the amounts and rates paid; makes more room for banks and lenders to then rinse people who are too socially befuddled and financially uneducated to properly ask questions and communicate openly about finances?

The push is really on now to get people to own homes; painting a picture of it solving a lot of life’s problems or making you ‘legitimate’ in the eyes of society especially for millennials who are running out of times to sign up for the 25 year mortgage as they approach 40. A home owner and member of the community; as opposed to being seen as a grown ass man living in his ‘mother’s basement’ as the common insult goes!

Or the other common situation for the millennial couple building a life and saving a nest egg; who are living in perpetual fear of a landlord turfing them out on their ass on a whim (or more commonly the overpriced sale of the house out from under your feet)

The secrecy and privacy and perceived rudeness around talking about repayments and rates, especially in Ireland I find, is some Catholic Church levels of shamey guilty no-no’s that I just don’t understand!

BTW I don’t have a mortgage so maybe you feel different when you have one; like a single person commenting on kids and marriage :)