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MiniMe

(21,872 posts)

11. When I bought my first house, my interest rate was 12%

Reply to brooklynite (Original post)

Wed Sep 20, 2023, 10:34 AM

Sep 2023

That was considered a good rate at that time. That was back in the 80's. My first credit card had an interest rate of about 8%. Now credit card interest rates are 29.99%. That is why I pay my credit cards off every month. I am lucky that I can afford to do that. I also try to keep my purchases low. Things change over time

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Why America's housing crisis has hit a new inflection point [View all] brooklynite Sep 2023 OP

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+1 NutmegYankee Sep 2023 #9

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Biden solved the student debt crisis Johnny2X2X Sep 2023 #7

When I bought my first house, my interest rate was 12% MiniMe Sep 2023 #11

I am stuck between a rock & a hard place right now William769 Sep 2023 #12