08-05-2016, 03:22 PM
(08-05-2016, 02:11 PM)Sociopathicsteelerfan Wrote: Got it. That being the case I'm going to up the APR on all your credit and loans by 5%. 5% is no big deal right?
Freddy is a 5%'er.
My mortgage is only about 4%. So if you raise it by 5% that will only make it 4.2%. Not really much of a difference at all when you look at historic rates.
If I said mortgage rates of 4% are near historic lows would it change my point if the rate was actually 4.2%? No it would not. Just like the fact that 94% are plead instead of 99% does not change my point at all.