In 99 you were able to buy on the slide from the late70’s/early80’s. But hang on to that 4.5% note you have now with a death grip. You’ll not get that chance again. And if you can, try to save the difference between what you are actually paying and what you could be paying at, say 7%. In many local cases, at least, the difference would be 3/4/500 bucks per month. It would really pad a retirement.
That’s an affirmative, sir. Many thanks for the wise advice. I shudder to think what I’d be paying now, had I opted for a different lender’s variable rate. It would probably be a case of 1999 deja vu, or even worse.