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Southern Missouri | If your a farm credit borrower, I personally don’t see what’s wrong with locking in for 20 , in 365 days if the rate is lower they let you lower it to the current rate and that new rate is locked for the locked term of years the loan started with ,sure worked out good for us like that , got down to a fickle below 3 and get 1.2 of that back , for the number of years left back in 2020 when the locking rate hit that , talk about a savings .I understand coups thinking just geared a little differently and we probably got really lucky going through that interest period that worked so good for lowering those locked loans and then we all know what’s happened in the 6 years since then .
Edited by sloughclub 1/11/2026 21:14
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