Loan Amount/Duration
#11
AKA NoMoBoatin
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Originally Posted by On The Heat
Marylandmark - I never thought to call as the website says only up to 15 years so I always ignored it. However, I did just call and they said 240 months, 80% loan and 7.24%
. Looks like you got in before the Fed jacked it up again!!
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#12
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Originally Posted by docmanrich37
Wait and goto the boat show,you get a better rate so you get more boat with the lower rate.
The shows all summer and all fall have had the same rates with the exception of Lauderdale where 1 bank dropped their pants. Going into the NY show next week - all of the rates will be exactly the same as they have been for the last 10 weeks.
Want to get an idea on cost of money to lend - checkout the 3yr Treausury Swap history. As that moves so do most lenders who lend on recreational vehicles.
http://www.federalreserve.gov/releas...5_SWAPS_Y3.txt
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