To: 11th_VA
Those with fixed, Low interest loans will be in the winners circle ...
If we're allowed to keep the same rates. Remember, Hussein can change anything he wants.
17 posted on
06/10/2009 11:49:08 AM PDT by
Sig Sauer P220
(The great object is that every man be armed. - Patrick Henry)
To: Sig Sauer P220
...and in this instance who could blame Obama for intervening? The bidders at these Treasury auctions are nothing more than greedy speculators who put their private interest above the public good.
To: Sig Sauer P220
That’s what I’m wondering about. I just recently refinanced my mortgage at 4.5% for 30 years. I was wondering what would happen to the financial industry if all of a sudden interest rates jumped to 10-15-20% per year...You would have a major crisis and uprising if the government allowed inflation indexing of mortgages like many other countries do (3rd world countries...that is). Growing up in Brazil during my childhood, I remember inflation rate exceeding savings rates....People purchased goods as soon as they received their paycheck...People threw their money at real estate, even cars for investments.
24 posted on
06/10/2009 12:29:09 PM PDT by
Maringa
To: Sig Sauer P220
Those with fixed, Low interest loans will be in the winners circle ... If we're allowed to keep the same rates. Remember, Hussein can change anything he wants. That's one of my concerns too ...
41 posted on
06/10/2009 1:48:55 PM PDT by
GOPJ
(Nobel Prizes & Pulitzers, now only monuments to left wing bias - shame recipients.)
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