Replies

To: llevrok

The elephant in the room that concerns me greatly ate interest rates

When we bought our first home in 1986 our interest rate was 13% and 20% down. Unthinkable in this day and age

20 posted on 04/04/2013 12:02:10 PM PDT by lucky american (The Democrats will follow the big "D"even if it means going over a cliff.)

To: lucky american

Yet... those rates will be coming back. They are being held artificially low.

We’re going to have high interest rates, high inflation, and negative economic growth when our creditors say “enough”.

21 posted on 04/04/2013 12:03:59 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)

To: lucky american

When we bought our first home in 1986 our interest rate was 13% and 20% down

20% down? What were those draconian banks thinking? My God! Didn't they know that every one has a right to own a house? /s

32 posted on 04/04/2013 5:16:07 PM PDT by llevrok (2013: The USA is in a Cold Civil War.)

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