Yeah, and a lot of people want to refinance their variable rate mortgage at 3% fixed.

It’s too late for that.

Sun Tzu says that the wise general wants to attack where the enemy is weak and avoid where the enemy is strong. Waiting until the layoffs to get protection against layoffs and not expecting to just get laid off is the epitome of attacking the enemy where it is strong, and not unionizing when the company is on a hiring spree is the epitome of not attacking the enemy when it is weak.