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Interest rates are historically low. I'd imagine hedge funds are paying interest too. You'd never want to tie up all that capital to avoid a 2% interest rate.
by nightski 5y ago
Interest rates are historically low. I'd imagine hedge funds are paying interest too. You'd never want to tie up all that capital to avoid a 2% interest rate.
Even I, an average Joe, pay the minimum payment on my mortgage and invest the rest. It would be foolish to pay it off early.
- strangattractor 5y agoYes they are maybe %1 - I was able to get %2 at 15 years. And hedge funds get money from investors then leverage that with loans that brings their total cost of capital down even lower. Our previous Secretary of the Treasury (Mnuchin) made his fortune that way after 2008.