Quote:
Originally Posted by Cowperson
They might have issued debt and accumulated cash because they feel the cost of borrowing will never be this good again, anticipating future plans. This is a fairly common trend in corporate America right now.
Cowperson
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I borrowed an extra 100k when I remortgaged, I figured the 3.75 rate I borrowed it at will be long gone in a year or two when I might want to use it.
I was planning on rebuilding part of my house, although that has gone on a back burner now as I figure 100,000 down will probably pay for most of a second house in Vancouver if interest rates hit 8% in the next year or 2.