My parents also mention the 18% loan time when they bought their home - that was the advertised rate - but in the state there were incentives that brought the r

My parents also mention the 18% loan time when they bought their home - that was the advertised rate - but in the state there were incentives that brought the rate down to something like 8%. I can't imagine their state would be the only one offering first time home buyer incentives to keep the local market going.