Uganda: Keeping an Eye On Interest Rates Healthy

Story date: 2007-10-14 04:47:00
Added on: 2007-10-14 07:00:21

AllAfrica.com - This is because with fixed period rates, one can lock in a benefit in relation to the floating rates. Say the mortgage rate is currently 15%, with banks offering a fixed two - year option at 16%. If the home-owner feels that rates may go up 2% within ...


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