BALLS_SMOOTH_AS_EGGS

BALLS_SMOOTH_AS_EGGS t1_j7b2d5n wrote

This is correct. It is highly unlikely we'll ever see under 4 percent rates again in our lifetime. I was disappointed when I closed on my first house last year at 5 percent, until I realized historically that's still quite low. It wasn't uncommon to see 8 - 12 percent interest rates not too long ago.

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