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I thought that even if you but them at 9.62% on or before Oct 28, their interest rate will be set at whatever the new going rate is for November-April on Nov 1?
by tamaharbor 4y ago
I thought that even if you but them at 9.62% on or before Oct 28, their interest rate will be set at whatever the new going rate is for November-April on Nov 1?
- ctchocula 4y agoIt gets locked in for 6 months, so if you bought before or on Oct 28 you will get 9.62% for 6 months and the ~6% or so rate for the 6 months after that.