Thanks Lokicious, IMO, a concise and clear explanation.

<< The problem with waiting is, unless rates go up a lot soon, you'll lose more interest waiting than by taking the plunge and seeing rates go up while you're stuck in the lower rate >>

A very good point.


When I called Pentagon CU about membership, I was told, if I am willing to pay a small new membership fee of about $25/-, 'National Military Family Association', I can become a member of Pentagon CU. (Life membership $300/-) I am not sure one needs to be a member all the time, but IMO, one should be, I The related basic info is also available on www.penfed.org web site.