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Re: O/T can it be done
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Posted by MSD on January 11, 2007 at 20:38:18 from (67.1.181.204):
In Reply to: O/T can it be done posted by old on January 11, 2007 at 10:21:26:
My son has a 30yr mortgage at 4.65%. Took it out a couple of years ago. The banker told him at that time to borrow as much as he could because things would change and it would be pretty cheap money down the road. The same bank that has the mortgage is offering 5.35% on 13 month certificates. Don't forget compounding the interest on the $100000 and the declining loan amount. Also investing $100000 at one time , you should find some pretty could rates out there.
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