Replies

To: MosesKnows

In Carter’s years the mortgage interest rates were past 21% and people still bought. My parents bought at 12% in 1979.

11 posted on 10/08/2013 4:46:48 PM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)

To: CodeToad

We shouldn’t confuse nominal rates with real rates (nominal minus the inflation rate).

18 posted on 10/09/2013 8:28:57 PM PDT by 1010RD (First, Do No Harm)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794