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User Info Bush freezing adjustable interest rates; entered at 2007-12-01 16:29:34
Bigbuck623
Posts: 551
Registered: 2007-07-23 Baltimore, MD
Well ****, while we're mandating an interest rate, let's just go ahead and mandate the length of that contract as well.

Hooray - my 30-year loan has become a 35-year loan paying less per month but the NPV will work out the same when we assume a constant rate of inflation for our NPV calculations! You're OK with that, China, right? RIGHT?


Good times.
2007-12-01 16:29:34