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To: Godzilla
The average rate on the popular 30-year fixed-rate mortgage rose to 6.54% from 6.44% last week

This irks the peewaddin outta me. In 1986, my mortgage rate was 10%!! Ten years later I refinanced at 7.5%! And I was earning a hell of a lot less than ppl today. grrr. lol
1,100 posted on 10/28/2024 9:07:02 PM PDT by Chani (FRiendly Drive By poster)
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To: Chani

I was in a similar boat when I bought a house in 1996. I think one of the big differences is that back then houses were reasonably priced unlike today where the prices have skyrocketed out of control.


1,101 posted on 10/29/2024 5:21:40 AM PDT by Godzilla (“When tyranny becomes law, rebellion becomes duty” - Thomas Jefferson)
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