has market ever been hotter? - Winnipesaukee Forum

10-07-2020, 09:35 AM

#11

Susie Cougar

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Join Date: Aug 2019

Location: Parrish, Florida

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Quote:

Originally Posted by Biggd

A few months ago I found my parents original mortgage commitment from 1954, $15,000 at 3%.

My parents had a 6% mortgage rate when they built their house on the lake in 1963.

When we bought our first house in 1978, a 30 year fixed rate mortgage was 18%. We opted for an adjustable rate mortgage at 12% with 20% down.

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