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re: interest rates on home mortgages wont fall anytime soon

Posted on 7/25/23 at 9:17 pm to
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8260 posts
Posted on 7/25/23 at 9:17 pm to
quote:

It’s so unfair how boomers had like 0 interest rates and back in the 90s and 00s they even had “subprime” mortgages where the interest rate was less than 0 and they got paid to borrow money What do the boomers do when millenials try to buy our first houses? They jack up the interest rates sky high

I bought my first house in 1995/96 and our interest rate was 8.2% with amazing credit and little debt. It was also a VA loan.
This post was edited on 7/25/23 at 9:18 pm
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