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Re: Agoura Guy post# 369866

Saturday, 03/18/2023 6:46:28 PM

Saturday, March 18, 2023 6:46:28 PM

Post# of 385338
actually arounf 7% in Real Estae Mttg will still work was fine in the 70's when in 1979 it jumped from 7% to 13% in one day that hurt then proceeded to go back up to it all time highs of 18 -20 which seems to happen every time we come off of excessive low rates we had 2 3/4 in the 50's to earlly 60's then crept up to 5-6 then 6.5 to 7 and in and aout of 6'5-7 for several years.I began selling real estste in 1964. My graet grand father in 18570 bough a farm and paid 18%
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