What be typical mortgage rates within 1981? for a document carried by the dealer of a house, and commercially?
this was a house in a small town within california. i'm sure the most customary terms were the jargon agreed upon. thanks!
Answers:
sometime in the early 80's, I cogitate they were in the 16-18% extent
I didnt have a new mortgage within 1981 but I had one in 1978 for 8.75%. I dont know if that help.
They were horrific. I had a home back next. I paid close to 10% interest, with excellent credit and lofty (for the time) income.
Prices were really low, and interest was large. Back then you could write off EVERYTHING though, making it much easier to survive later it sounds.
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Answers:
sometime in the early 80's, I cogitate they were in the 16-18% extent
I didnt have a new mortgage within 1981 but I had one in 1978 for 8.75%. I dont know if that help.
They were horrific. I had a home back next. I paid close to 10% interest, with excellent credit and lofty (for the time) income.
Prices were really low, and interest was large. Back then you could write off EVERYTHING though, making it much easier to survive later it sounds.
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