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[quote=Anonymous]We are about to tap into a home equity line and the interest rate is tied to the prime rate, of course. It will likely take us ten years to pay this off so we're not completely comfortable leaving our future interest rate completely up in the air. We have the option to convert to a fixed rate that would be about 3/4 % higher than the current adjustable rate. Any thoughts? Anyone care to predict how long we think the prime rate will stay the same or how quickly it will rise?[/quote]
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