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I bought my home during the last slobbering fool's [Carter] administrationOnly 9%???? You did good. I moved to CT in 1981 under Reagan and got a good deal at 15%. Yes, my 15% trickled down to the bankers.
at over nine percent interest. During later, saner times, I refinanced.
At the time, homes were considerably cheaper, but the value of money was
considerably more.
The more things change, the more they remain the same. [1]
By the way, my opinion of Jimmy Carter is that he's a good man but had
no business as a president with the first traveling clown administration
of my lifetime. Who'd a thunk there would be a second, and worse?
See [1].
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