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re: Back in the 70s, we had high gas prices and inflation, too.

Posted on 3/11/22 at 7:21 am to
Posted by Displaced
Member since Dec 2011
32738 posts
Posted on 3/11/22 at 7:21 am to
quote:

Wait till mortgage loans go up. My first was 13%, and I bought 4 points to get it there.

Yeah, but what was the interest rate in your savings account?
Posted by llfshoals
Member since Nov 2010
15613 posts
Posted on 3/11/22 at 7:27 am to
quote:

Yeah, but what was the interest rate in your savings account?
Don’t recall. Lots higher than now for sure, but people these days seem to have less as a percentage of income in savings.

401k most have, which is less accessible for down payment/closing costs.
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