S Starbuck Registered User Messages 171 10 Nov 2008 #1 There's talk of Rates dropping to ZERO as happened in Japan. Question: What happens with Interest Only Loans if the Interest Rate is Zero??
There's talk of Rates dropping to ZERO as happened in Japan. Question: What happens with Interest Only Loans if the Interest Rate is Zero??
J joejoe Guest 10 Nov 2008 #2 Starbuck said: There's talk of Rates dropping to ZERO as happened in Japan. Question: What happens with Interest Only Loans if the Interest Rate is Zero?? Click to expand... It wont be free money, the banks will still take their cut. Joejoe
Starbuck said: There's talk of Rates dropping to ZERO as happened in Japan. Question: What happens with Interest Only Loans if the Interest Rate is Zero?? Click to expand... It wont be free money, the banks will still take their cut. Joejoe
S St. Bernard Registered User Messages 149 10 Nov 2008 #5 Is it possible for say the ECB to have a zero interest rate.
M mercman Guest 10 Nov 2008 #6 Chance would be fine thing. Interest rates have dropped a full 1% in the recent past. However 3 month money is 4.47% today, 1 month money is 4.57% today and even 3 year money is 3.68 %. I wonder who is milking it now ???
Chance would be fine thing. Interest rates have dropped a full 1% in the recent past. However 3 month money is 4.47% today, 1 month money is 4.57% today and even 3 year money is 3.68 %. I wonder who is milking it now ???