posted ago by RRREEEEfem_bot ago by RRREEEEfem_bot +8 / -0

Rates are beginning to go up very quickly. I work in financing and the fed has increased SWAPs by almost 30 basis points since Tuesday. If you're going to take out a loan, now might be the time to do it.

Comments (4)
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deleted 2 points ago +2 / -0
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Schiffblower 1 point ago +1 / -0

I just locked in

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2020_DJT_ 0 points ago +1 / -1

Explain why we should take out a loan now for us non financial pedes

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RRREEEEfem_bot [S] 1 point ago +1 / -0

because rates will go up and you will pay a higher rate. For example, you can take out a loan for about 4% which is cheaper than taking out a loan for 5-10%