3 ms·
In America, the majority of loans (especially after 2008) are fixed interest rate for the life of the loan. So even if the FED/RBA raises the benchmark rate, th
by flacnut 5y ago
In America, the majority of loans (especially after 2008) are fixed interest rate for the life of the loan. So even if the FED/RBA raises the benchmark rate, the mortgage rate and the note associated with it will not change.