Suffocating Interest Rates

This post is a Will Rogers’ tongue-in-cheek rant about those who are whining about today’s mortgage interest rates. I hear so much now about those god-awful high-interest home mortgage rates for Gen Zs. Who can afford to buy a house when you have to pay 6% interest on a mortgage! Let me tell you about the “good-old-days”. I graduated from college in 1970 and bought my first home in 1983. It took me that long to save up enough for the required 20% down payment and monthly mortgage rate of 12.9%. It was a good feeling to finally be able … Continue reading Suffocating Interest Rates