Eli5: why are interest rates now considered worse than higher interest rates of decades ago? 1.30K viewsDecember 31, 2023 Question100.55K July 21, 2023 0 Comments I am surrounded by boomers saying this that in their day interest rates were at 15% and we have it easy! I’m also surrounded by the younger generations saying this is ‘not the same thing’ Explain to me the reasoning… In: 233 42 Answers ActiveNewestOldest Anonymous Posted July 22, 2023 0 Comments I bought my first home for 155 @ 6.5% Jan 2007. I was making just over $16 an hour. My payment was 1200 I believe. I just sold it last year for 400k. You are viewing 1 out of 42 answers, click here to view all answers. Register or Login
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