Lenders and bor rowers cope with financial uncertainty by agreeing that the interest rate will be two percent more than the prevailing prime rate.
The transaction might even help the bor rower's credit rating.
They seem to have had little difficulty in securing rowers and sometimes crossed more than once a day.
The actual interest paid by the bor rowers varies, and there is no systematic data on the rates paid.
I have no rower to take the action suggested in the last part of the question.
This illustrates the need for harmonisation among yachtsmen, sailboardmen, rowers and anglers.
At the revised lending levels every creditworthy bor- rower should obtain a mortgage, though some may have to wait a little longer.
The rowers were to be accountable to the steerers through contract arrangements.
