3 ms·
Don't forget that the interest rate was around 10% in the early 1990ies
by jalk 4y ago
Don't forget that the interest rate was around 10% in the early 1990ies
- ejb999 4y agoMy first mortgage was 10.5% in 1989.
- triceratops 4y agoYeah that's one reason why houses in the 90s were more affordable.
- Scoundreller 4y agoAffordable for people planning on paying down the mortgage, but horrible for investors expecting to just refi and refi while maintaining a constant high double-digit LTV. Think about them! /s