Surya Oil and Gas Corp (SURY)

[DRJ69]

From about 1976 thru 1978, inflation rates and interest rates were very high. Interest rates on housing was around11-12%, could have been higher, Actually in 1982, average rate on a fixed mortgage was 16.06%. Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising to roughly 16 percent.