To: CodeToad
A mortgage on your primary residence is also one of the only financial instruments that is rigged in favor of the CUSTOMER. You can always refinance a mortgage with no penalty if mortgage rates fall, but the bank has no such option if mortgage rates rise.
136 posted on
03/07/2024 1:28:19 PM PST by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
To: Alberta's Child
Plus, a person locks in the pricing.
139 posted on
03/07/2024 1:33:38 PM PST by
CodeToad
(Rule #1: The elites want you dead.)
To: Alberta's Child
...bank has no such option if mortgage rates rise.P>Don't worry about the poor bank, for the next loan customer is entering their door as I type this.
165 posted on
03/07/2024 9:32:19 PM PST by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
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