Replies to Msg. #1211882
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 Msg. #  Subject Posted by    Board    Date   
35601 Re: Mortgage Rates
   
ribit   6TH POPE   16 Sep 2022
3:52 PM

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Re: Mortgage Rates

By: micro in 6TH POPE
Fri, 16 Sep 22 2:20 PM
Msg. 35591 of 60008
(This msg. is a reply to 35584 by Decomposed)
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This is nothing.

Do you remember the Carter years? Around 1980 when mortgage rates hit around 20 ppercent?

I had to remove my house from the market because I could not mortgage another one and move toward Mount Vernon, Ohio to take a position with Grumman.

My career took off after this so it was known to me that it was God's plan for me for the events that happened and followed..

BUT, I remember well when mortgage and interest rates under Carter were simply horrific..

I am sure Ribs does as well.

So, compared to some prior years today ain't nearly as bad...