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Re: luckydude777 post# 1932

Thursday, 03/16/2023 9:13:33 AM

Thursday, March 16, 2023 9:13:33 AM

Post# of 2437
Good plan. It's pretty unstable these days to say the least. I worry about all the flexible interest rate loans out there. They go up everytime they raise the interest rate. Those payments get so high then homeowners default on the loan because they can't afford to pay it. Which leads to the banks eating the loan as a loss. Last time the interest rates went way up we had a crap ton of bank failures. Then the Obama bank bailout money coming out of John Q Taxpayers wallets.