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Feds cut loan rate
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wheat farmer
Posted 9/19/2007 10:06 (#206178 - in reply to #206027)
Subject: RE: Fuel for inflation ~



Interest rates on loans are not the best, but they are as good as can be expected at this time in my opinion.  I would lock in a rate that looks reasonable for the next 3-5 years.  If interest rates improve in the next 2-5 years, you can always refinance with the same lender or get a different lender if the rates are lower buy more than 1%.  JMHO  It has worked for me in the past.
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