Posted 3/1/2021 22:13 (#8867142 - in reply to #8866412) Subject: RE: Talked to two banks about loan rates. We are in the process
NEBRASKA
The best loan to have in the past 10 years was the monthly variable tied to Libor. Mine touched 6.125% a few years ago at its highest for about 5 months. It has been under 4% for way over 7 of those 10 years and has been at 2% for about a year.
That being said, the 30 year rate right now is very low right now, but the rate on the monthly variable saves me over $45,000 in interest a year