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| User Info | Can they stop the bubble from deflating?; entered at 2007-12-02 14:04:49 | |||
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Gmak Posts: 10179 Registered: 2007-07-27 Re-inventing the future at the speed of time.
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SOunds like they're adopting the solution that Canadian banks did in the 1970s. The 40 year term is interesting. Guess we are about to get multi-generational mortgages like they had/have in Japan. Wonder if the 7 year term is due to matching their own funding, or due to a macroeconomic view on inflation? Probably the former. 2007-12-02 14:04:49
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