4 ms·

Also a 30 year fixed mortgage effectively shorts long-term bonds with an embedded call option (via refinancing) to further reduce the risk of the position. It's

Also a 30 year fixed mortgage effectively shorts long-term bonds with an embedded call option (via refinancing) to further reduce the risk of the position. It's an incredibly valuable consideration that's not super obvious.

a008t 8y ago
One can get a 30-year fixed rate mortgage?
- ThrustVectoring 8y ago
  In the US they're standard.