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Updated about 2 years ago on . Most recent reply
Grant ShipmanPoster
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Who remembers when rates were over 17% ?
Grant ShipmanPoster
#1 Real Estate News & Current Events Contributor
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#1 Real Estate News & Current Events Contributor
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- Estes Park, CO
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Mike Dymski
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- Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
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- Greenville, SC
Nominal housing prices have doubled in the past ten years. Inflation adjusted prices are 100% higher than in the 1970s. Government debt is off the charts. Interest rates matter...a lot. The mortgage rate chart in isolation is not relevant without the other side of the equation...price (and related debt level).
