Quote:
Originally Posted by zilo
ROFL......3%? And that would be disastrous?
our last mortgage payment was on a loan at 17.5% !!!
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I know what you mean. Then house prices started to explode. I haven't done the comparisons with wages ect but I'd imagine most mortgages were around $70,000 back then? 3% now would be disastrous for people in the mortgage belt.
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