MountainValleyFarmer - 12/13/2025 07:27
Our latest Farm acquisition was bought two years ago. We have that form at 8.5% interest with Farm Credit. Now the Fed rate has dropped as much as it has. I talked to my banker the other day about a refi on that farm. He quoted me at 7.95%. Is he pulling my leg? What are you guys seeing out there?
I was told a couple weeks ago that they can do deep discounts on the original loan interest rate but they can't discount the interest rate on an existing loan.
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