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Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#50
Originally Posted by qole View Post
My variable rate mortgage has been very good to me over the last few years. I've been getting excellent interest rates, well below prime.

Perhaps you meant something else other than "variable-rate"?
No, I did mean variable rate, but I am well aware, qole, that the term covers a broad area. I assumed the context of my post would indicate I was referring to those that grossly reset to points far beyond the homeowner's ability to pay. Sorry.
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