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Borrowers? coupons buffers may help these to adapt to highest financing repayments

not, 2 to 3 months immediately after move-from, the latest distribution from buffers certainly has just rolled regarding money remains lower compared to varying-rates loans; simply to 1 / 2 of safeguarded the newest booked fee for three or more days (compared to around several-thirds from variable-price and you may split fund). This suggests you to specific repaired-price borrowers are generally deciding to keep the offers outside their financial or, somehow, this cohort provides fewer deals than all the adjustable-speed borrowers. (more…)

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