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Re: mordicai post# 593709

Tuesday, 10/29/2019 9:29:23 AM

Tuesday, October 29, 2019 9:29:23 AM

Post# of 729637
Mordi

I just hope ALL WERE smart enough with rates so low to hook into a FIXED RATE and not an ARM loan!!!!!!!!!!!

If not we are apt to be right back where we were in 1980 & 2008 with folks that can't afford their houses if rates go back up.

Pretty much HISTORICALLY when there is cheap money for a period of time it has been followed with VERY EXPENSIVE MONEY.

I am sure all here OLD ENOUGH can remember home loans @ 13%-19% in the 80's.
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