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.
- Forums
- Commodities
- GOLD
- gold
gold, page-64327
- There are more pages in this discussion • 62,500 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)