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To: Rodney King
Are you stating that if a bank is going to loan a 30 year mortgage that is must get 30 year commitments from depositors?

What do you think of the other's you are not responding to?

Explain why you posted #308.

Demand deposits can be invested in very short term t-bills.

Variable rate mortgages probably require 1 year CDs.

Anybody stupid enough to put out 30 yr fixed after what happened to the S&Ls in the 70s should just probably have their charters revoked as being sufficiently clueless.

409 posted on 12/13/2001 9:29:20 PM PST by Deuce
[ Post Reply | Private Reply | To 408 | View Replies ]

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