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by amanaplanacanal 14 days ago
Possibly. I bought my first house in my 20s in the US, this would have been in 1980s. I remember the 12.5% interest on the mortgage.
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We bought our house in 1982 with a 15.5% mortgage rate, refinanced to 11.25 in 1985, then 8.5 in 1987.