Post by Deleted on Feb 24, 2023 10:07:43 GMT -5
In the 70's I bought a Vette and the bank was nice enough to give me a loan at 18%.
A guy I worked with bought a house with a mortgage rate of 10.9%
So why is everyone concerned paying loans at 6% rates.
I'm still here doing fine after paying those rediculous interest rates.
OH! I almost forgot, I took a credit card loan for 9% and put it in a money market account with a interest rate of 20%.
The Fed is hurting everyone with the higher rates when in the future all will probably be back to normal.
A guy I worked with bought a house with a mortgage rate of 10.9%
So why is everyone concerned paying loans at 6% rates.
I'm still here doing fine after paying those rediculous interest rates.
OH! I almost forgot, I took a credit card loan for 9% and put it in a money market account with a interest rate of 20%.
The Fed is hurting everyone with the higher rates when in the future all will probably be back to normal.
