Quote:
Originally Posted by Papa_lecki
I think each district has its own bond - The Villages doesn’t refinance it, the district does. Did your payment go down? I would think that is something you would be told via a letter, not the internet
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No shortage of confusion. Stuff like I heard. It is easy to check what is. We paid our off.
The interest was 5% at the time. We were told it was being renegotiated. Someone said it is now 3%. If that is so, I would be surprised. Interest on a ten year treasury is around 3.3%
Three percent would be below market.