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A fixed rate mortgage is a futures contract, you are hedging...

  1. Skol
    32,985 Posts.
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    14/01/20
    07:40
    Post #: 42361963
    A fixed rate mortgage is a futures contract, you are hedging your risk from an unexpected increase in interest rates.

    The bank takes the other side of the risk.

    OMG!!!!....goldbugs.
    Last edited by Skol: 14/01/20
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    lightbulb Created with Sketch.  Great analysis
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