Quote:
Originally Posted by iggy_oi
Mortgage rates were close to that rate about 10 years ago and houses we still double the price, but that doesn't matter right? What matters is at this moment the historically low interest rates which are bound to go up make a situationally convenient argument that you think supports your position. Right now the price is still double even if you take those rates into account, I'm sure bringing up the fact that property taxes were a fraction of the price as well doesn't matter to you as well, I mean taxes don't count right?
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Were they?
I bought a house in 2005, 2008 and 2011. 4.69, 4.75 and variable. I'm not sure when they were close to 7.5%. Why do you keep just making things up?