3 ms·
Well that's the downside of variable rate, yes, but that's more of a feature than a bug. Locking in the interest rate costs a little bit more (in the form of a
by jungturk 11y ago
Well that's the downside of variable rate, yes, but that's more of a feature than a bug.
Locking in the interest rate costs a little bit more (in the form of a higher fixed rate), so perhaps the folks taking the variable rate weren't financially prepared to handle those terms in any case?
- st3v3r 11y agoDoesn't matter. The end result would still be that middle class voters would feel the pain, and would likely try to vote people out because of it.