I also remember earning 14.3% on my money market mutual fund back in 1981. Ah, the good old days when I didn’t have money saved yet......
Yup, now us folks that save can earn a little more interest.
“I also remember earning 14.3% on my money market mutual fund back in 1981.”
Ah yes. The good old days in 1982 when home interest rates were 17%. There was a special offer for a 13% loan which I grabbed and bought my first house. I thought I had quite a deal with a 13% home loan.
Hopefully we won’t see that environment any time soon. I would however like to see interest rates get to 4 - 5%.