History of Interest Rates
By · October 24, 2012
Thought you'd enjoy this history of interest rates over the years. I remember when the rates were 18%. I was an assistant in a real estate office in the early 80's. Since the rates were so high, home sellers, in many cases, carried the loan. They acted as the bank. It was called "Creative Financing." I could not imagine that rates would ever go this low. Great time to buy or refinance.