3 ms·

Sure, I started an IRA account in 1985 with CDs paying 10+% But, I bought my house in 1982 with a 15.5% mortgage, refinanced @ 11.25 after a couple years and a

by memcg 2y ago

Sure, I started an IRA account in 1985 with CDs paying 10+% But, I bought my house in 1982 with a 15.5% mortgage, refinanced @ 11.25 after a couple years and again @ 8.5% until it was paid off in 2002

stetrain 2y ago
What happened to the value of your home in that time?
- memcg 2y ago
  The point is that mortgage rates and savings rates move together, so your experience is determined by whether you are a saver or borrower.