To: SeekAndFind
HOw can rates be historically low?
I was seeing 4.25 fixed about six years ago. They were historically in the two percent range in the fifties an sixties.
These reporters consider history to be last week.!!
9 posted on
09/18/2009 4:23:48 PM PDT by
Chickensoup
(Angry about where our country is going with the current regime at the helm.)
To: Chickensoup
We did 4.37% loans in June. Now doing 5.35 after going to 5.5% after a short dip earlier this month. I hear ads under 5.5, but no detail on points or fees. I think a year from now, we’ll see 6.8-7.0%, with prices similar to now.
15 posted on
09/18/2009 4:28:34 PM PDT by
nufsed
(Release the birth certificate, passport, and school records.)
To: Chickensoup
Well, savings accounts paid 3% in the fifties so I doubt there were many mortgages being let at that rate then. And it only went up in the sixties.
37 posted on
09/18/2009 5:01:54 PM PDT by
hinckley buzzard
(truth--the liberal's kryptonite.)
To: Chickensoup
Well, savings accounts paid 3% in the fifties so I doubt there were many mortgages being let at that rate then. And it only went up in the sixties.
38 posted on
09/18/2009 5:02:33 PM PDT by
hinckley buzzard
(truth--the liberal's kryptonite.)
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