[Boomer]

Can’t remember what the mortgage rate was on the first house I bought by myself after my first marriage. I was just glad I could get that mortgage — by myself — for my very own $25,000, 3 BR, one bath, brick ranch.

Second house was with the current — and for always — Mr. Boomer. That one was a VA at 10%, in late 1979, for a 3BR, 2 bath (yay!), brick ranch………

To this day, I can remember being on the phone, hunting down mortgage rates. I was calling bank after bank — where they must have just started to rev up, reaching the double digits. It seemed like those rates were changing by the minute. I worked those phones like crazy, looking for the best rate. We even had a down payment, but things had just started to unravel I guess and every 1/4 of a percent mattered to us. Finally, we decided to try the VA. We were thrilled to find that 10% rate.

Ah, the 80s…….. but, hey, I had a CD with Boomette’s future tuition money in it at a rate of 17%. I was pretty much still a kid myself then, but I knew that 17% was messsssssed up. But I sure took it.

Here I am now 9 houses later and I have to laugh a little when people whine about 5% mortgages. I sure would like to have a 5% CD though, but we are not likely to see those anytime soon, if ever. ‘tis a mess they got us in — been going on for years and years……….

Boomer