Rapture(13:25:41)
bank doesnt give me money. they say I'm freelancer. no matter if I have 1$ or 1M$ on bank account, no loan for me
zoner(13:24:55)
so if you are lucky or do things right, you "lock in" a good rate, and ride that out, even if interest rates for people getting new loans are much higher
Rapture(13:24:14)
well even for tiny house, I could "take credit". yep yep. have to dive more into these subjects in some time.
zoner(13:24:09)
typically, the interest rate is "locked" so it never changes