warnie,does it work for fixed rates?For a fixed interest rate...

  1. 139 Posts.
    warnie,

    does it work for fixed rates?

    For a fixed interest rate that will be up at the end of the year, could I demand the same rate again from my bank or otherwise pull my business and get the same rate somewhere else?

    ie:

    $1,000,000 @ 6.4% expire 12/08
 
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