Tuesday, February 16, 2016

It's a limbo party.

Today was the first day I wasn't able to find any interest rates at 4% or above. I could however find a rate at 3.428%. Last week rates briefly dipped into the 3.4ish range, but I don't even think it lasted a whole day.

This is Great Recession level pain for the banks. Rates are congealing around the 3.50% range.

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