Me and my husband both worked in a bank and we didn't know about loan repricing until we took a mortgage for the house we bought. When we got that loan from my husband's bank, the interest rate was 11% per annum with a repricing after 2 years. When that period lapsed, we were sent a document to sign - to acknowledge the new interest rate that will be in effect for the next 2 years. The rate was 11.5%. Not bad, just slightly higher. When I earned the privilege for a housing loan, we transferred the mortgage from my husband's bank into mine. The interest rate was 9%.