[faithhopecharity]

we saw mortgage interest rates peak at 21.5% for awhile back in the Jimmy Carter era.

[Regulator]

Yeah, I remember

Was short period though in ‘82

Stayed north of 12% - 16% for a long time though, basically until the Reagan tax cuts kicked in and got the late ‘80s economy going again...which then collapsed due to the S&L crisis!

Back to the Future

[Regulator]

Average rates, so covers up the short term spikes...

Still frightening. I remember it all!