5,775,052
Andrew,
Our home in Los Angeles was At 13% fixed...An we thought we did really well. A
-
Andrew Mooers | 207.53...
Houlton, ME
-
Doug Dawes
Topsfield, MA
-
Roy Kelley
Gaithersburg, MD
-
Nina Hollander, Broker
Charlotte, NC
7,090,446
My first was a land contract for 18%, refinanced a few years later for 9.
-
Bob Crane
Stevens Point, WI
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,870,640
First home - 6.75%
Highest rate - 17.9% plus 3 points for a 15 year fixed!
-
Andrew Mooers | 207.53...
Houlton, ME
-
Doug Dawes
Topsfield, MA
809,308
Highest 5.875. Lowest 3.5%.-Kasey
-
Andrew Mooers | 207.53...
Houlton, ME
-
Doug Dawes
Topsfield, MA
8,567,138
The mortgage interest rate was 6% when we purchased our first home.
-
Andrew Mooers | 207.53...
Houlton, ME
-
Doug Dawes
Topsfield, MA
2,243,624
3,527,954
It was over 20%. I don't know how we managed that!
-
Fred Griffin Florida R...
Tallahassee, FL
1,466,272
Andrew Mooers When I put a contract on my home the interest rate was 18% for a 30 year fixed rate. I purchased it with a VA loan. By the time we were about to close the rate came down to 12%. Just before our closing date, the rate dropped again at 9%. We locked it in and closed. A single digit interest rate was a godsend.
-
Andrew Mooers | 207.53...
Houlton, ME
1,292,505
1,580,475
All of mine are 4.25 or less. I have one in the 2% range.
-
Andrew Mooers | 207.53...
Houlton, ME
259,205
My first home was 14.5% through a first-time buyers program. Rates where around 18 at the time.
-
Andrew Mooers | 207.53...
Houlton, ME
5,589,875
I don't remember what the rates were in 1972....
-
Andrew Mooers | 207.53...
Houlton, ME
3,988,324
My first home was at 6%. Later homes went as high as 13%.
-
Andrew Mooers | 207.53...
Houlton, ME
1,513,383
My first mortgage was 14.75%!
Paid cash thereafter.
-
Andrew Mooers | 207.53...
Houlton, ME
2,527,275
My first home was an assumption at 8%. Later, on my third home, I remember running to the bank to refi when the rate got down to 10%. Now it's 0%... free and clear. ![]()
-
Andrew Mooers | 207.53...
Houlton, ME
1,713,681
My first was an ARM starting at 14.875% with a 6 point cap. My business loan was at 22%.
-
Andrew Mooers | 207.53...
Houlton, ME
1,344,450
We paid 13% interest on our home. I thought I would choke, BUT we knew rates would come down and we'd refinance
-
Andrew Mooers | 207.53...
Houlton, ME
5,704,533
Have never paid higher than maybe 6%. Until we moved to Charlotte, all our property was purchased for cash... top NYCity coops don't allow financing in many cases.
-
Doug Dawes
Topsfield, MA
1,046,490
6,314,366
Back in the late 80's I had a home with 17.9%, and that was with excellent credit!
1,618,029
949,875
10.6% fixed, for a co-op amd I thought I was doing well! Yes, ther were rates of 16%. I also remember Prime at 21%.
5,564,416
1,032,363
Our first potential started at 12%, and before we found one and closed it dropped to 4%
3,076,632
1,786,784
602,081
I've been fortunate that all the homes I've bought over the years were 7% or lower.
4,434,327
1,694,097
I bought my first home just two years ago, so i do not have any history with personal mortgages... I hope, we are not going ever to 17%.
353,965
My first was an adjustable 11%, capped at 13%. I was excited when it dropped below 10% and I locked it in. Currently I pay 3.8% (+/-)
4,329,362
5,846,596
3,986,584
5,615,971
We bought when at was 6.5 % and my son in-law whose a mortgage broker refinanced for 3.5% back in 2000 and we paid the house off in 3 years!
3,417,850
My highest was 10% although i do use some hard money that has been 12% on a buy, fix and sell.
1,712,612
2,761,481
10.5% in 1979. I assigned that contract to a friend and got out of it.
I saw rates hit 16.5% in the early 80's. The joke at the time was, "buy the house with your Visa card; you will get a better interest rate".
2,968,221
2,713,572
I believe it was around 16% in 1973 Andrew Mooers but then again my memory is fading.
5,322,392