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<p>[QUOTE=&quot;medoraman, post: 986205, member: 26302&quot;]Problem with your scenario is that banks know interest rate risk better than we ever will. This is why no banks hold fixed rate loans anymore, all of them get sold on the secondary market. Banks today in reality are retail stores for the financial industry. They will hold variable rate loans, (maybe), but any fixed product gets sold within days, minimizing their risk.</p><p><br /></p><p>Banks didn&#039;t go under in the last go around because of fixed rate loans, they went under because they allowed bad loans or loan portfolios to be used as collateral for other loans. That was their mistake.[/QUOTE]</p><p><br /></p>

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