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To: Moonman62
hate to tell these idiots but many of us including my husband and myself were happy to be paying 10% interest not all that long ago....okay, maybe like 18yrs ago.....when we got a 7% interest rate on our new house, we felt rich, rich, rich.....

and, I just love the poor me doctor/lawyer whine stories.....

140 posted on 08/21/2007 11:48:20 PM PDT by cherry
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To: cherry
hate to tell these idiots but many of us including my husband and myself were happy to be paying 10% interest not all that long ago....okay, maybe like 18yrs ago.....when we got a 7% interest rate on our new house, we felt rich, rich, rich.....

I remember doing mortgages in the late 90's early 2000's when rates just plummeted and a realtor I did a lot of business with showed me one of her books from when she got her license. It was only a couple years old. The mortgage charts didn't go below 11%!!!

143 posted on 08/22/2007 6:30:59 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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