Quote:
Originally Posted by JoMar
During a recent intelligent discussion (yeah right) at one of the local bars we discussed the interest rates on our first mortgage. Mine was 7.4% in 1970 for a 30 year. Purchased for $19K and sold 10 years later for $40K. Ah, the good old days. What was yours?
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Ours was 12 3/8 and we thought it was great. It was at the height of stagflation. But we were newlyweds and still had the rose-colored glasses.