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Question is why are banks issuing 25 year fixed mortgages at rates that nobody would buy a 25 year CD at? Do banks even sell 25 year CDs?
by Scoundreller 4y ago
Question is why are banks issuing 25 year fixed mortgages at rates that nobody would buy a 25 year CD at? Do banks even sell 25 year CDs?
- robocat 4y agoWorldwide, the USA is odd, read the PDF at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1683472 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1683472 It discusses it a bit.