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what is meaning of 2 /28

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0Yes

August 29 2012 - US
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Profile picture for Coolidge or Chaos
but generally not the best option today 
==============
they weren't the best option back then either.
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1Yes

August 30 2012
Profile picture for Steve Furlong
It means the interest rate is fixed for the first two years and variable after that. 28 indicates the variable term in years. This is a 30 year loan (2+28=30), but a variable or adjustable rate after the initial 2 year period. These were a common loan instrument 5 years ago, but generally not the best option today.
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2Yes

August 29 2012
Profile picture for BillIshee
Feb. 28th maybe? 
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0Yes

August 29 2012
Profile picture for Coolidge or Chaos
Final score for the Florida (28) - Georgia (2) game this Fall?

Go Gators!
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0Yes

August 29 2012
Profile picture for Georgia Loans
Did you receive a quote for a 2/28? If so, who quoted that?
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August 29 2012
Profile picture for Go Huskers
It means you are in a time warp and have been beamed back to 2006.
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2Yes

August 29 2012
 

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