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Posted on 9/21/22 at 10:16 pm to TIGER2
quote:
Mortgage Rate At 8.5% (in 1970)
That seems low for back then, but then again I wasn't born in 1970. Seems like some time in the late 70's or early 80's the rate was in the 15-18% range. Hell, my mortgage in 2004 was 4.785% and I thought I was getting a good deal.
Inflation sucks, I hate it but it's not 1928 depression era stuff, "YET".
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