"Where Fillmore County News Comes First"
Online Edition
Saturday, May 25th, 2013
Volume ∞ Issue ∞
- 11:44:26, May 21st 2013 - airmaxs52274 - Have you ever thought about adding a little bit more than just your a ... [Read More]
- 5:56:33, May 18th 2013 - modgudur - I guess the child is anti-gun control since Obama went to all that trouble ... [Read More]
- 9:27:41, May 16th 2013 - caal girl - Nice outfit on you. I loved some of the dresses but am holding my breath ... [Read More]
- 2:03:34, May 14th 2013 - - Thanks for sharing the trip with us! ... [Read More]
- 4:12:01, May 9th 2013 - Amanda Ziebell - Wow! Thanks to the Fillmore County Journal for this kind story. For a ... [Read More]
- 11:47:30, May 7th 2013 - EW - ramble.....ramble.....ramble..... ... [Read More]
- 10:25:25, May 7th 2013 - Thunder6 - Great article! I love to see the Youth of Fillmore County receiveing acco ... [Read More]
- 6:52:10, May 6th 2013 - Jason Sethre, Publisher of Fillmore County Journal & Olmsted County Journal - Maryh, ... [Read More]
- 7:29:56, May 5th 2013 - maryh - Where are OCJ's available for pickup...other than at the new office? ... [Read More]
- 2:41:47, May 3rd 2013 - Remark1976 - Mrs. Buckbee, I just looked up Senate File 796 and in it there are said p ... [Read More]
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Should consumers have to pay sales tax on online purchases?
Q: Is this the time to lock in rates for as long as possible when purchasing farm real estate?
Wed, Dec 8th, 2010
Posted in Ask the Expert
Posted in Ask the Expert
Comments
A: After living through the high interest rates of the 80's, when rates are low, it is hard not to lock in a rate for as long as possible. The peace of mind that the rate and the payment cannot increase can be the determining factor. There are other factors to consider as well. The longer the rate is locked at the lower interest rate at the beginning of a loan, when the principal owed on the loan is the highest, is an advantage. When the loan balloons at a later date, a somewhat higher rate can be better tolerated.
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