I assumed that a fixed rate – Piggington's Econo-Almanac

September 15, 2009 at 9:14 PM #457275

Participant

I assumed that a fixed rate 80% 1.1 million dollar loan would be north of 7%. Interesting choice at going fixed for 150 bps more than a 15 yr IO.

I am not hyping anything. Been a homeowner since 1997 and have a fixed rate mortgage. Just looking for opinion, not a d*ck