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> "If you stick with it, you'll get a low rate," he tells Axios. I love this kind of advice. It's so typical from someone who thinks they're self-made with no
by willsmith72 3y ago
> "If you stick with it, you'll get a low rate," he tells Axios.
I love this kind of advice. It's so typical from someone who thinks they're self-made with no appreciation for their circumstances
- nightski 3y ago[flagged]
- stillwithit 3y ago[flagged]
- rcbdev 3y ago[flagged]
- stillwithit 3y ago[flagged]
- jjav 3y agoI think you misunderstand the comment, it is a reference to how mortgages work in the US (I know not in most other countries). You can keep ratcheting your interest rate down over the years, but it will never go up. When interest rates rise, you sit tight. When they drop, you keep refinancing.