Enter your email address:

Delivered by FeedBurner

Blog powered by Typepad


July 12, 2019


Feed You can follow this conversation by subscribing to the comment feed for this post.

im guessing this was from the early 80's.. I felt like I got a deal at 9% in 1987 when we bought our house!

The sad thing is that the rates got worse before they got better. We built a new house in 1986 and bet on a one-year ARM at around 14 percent. At year one it didn't change much, but at year two it dropped the two percent maximum. Then we sold the house.

Willamette Savings failed 9/7/89, and this ad appeared in the Oregonian on 6/5/83.

We will be back there again sometime soon. Or else we will get a whole new currency.

I got a choice 8.75% mortgage in 1979 because I was fresh out of the Army. NOW I've paid 2X in property taxes than I paid for my house. So I'm still renting... from COP, Crime Met, Metro, Mult Co., ESD, PPS, PFB, PPB, and a hundred other "we're from the government and we are her to HELP you" agencies.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)