Come on, you know you want to!

Jefferson County wants to restructure $3 billion in auction, variable rate debt- al.com

Like everybody else, the county wants to change its variable-rate loans to fixed-rate. Good luck with that. You see the people living in hotels? They used to have houses, but they weren’t able to get out of their variable-rate loans. The only way to get a fixed rate will be to have even higher interest rates than you’re currently paying on the variable.

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One response to “Come on, you know you want to!

  1. Fixed rate – a solution for whom?

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