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Updated about 3 years ago on . Most recent reply

Grant Shipman's profile image
Grant Shipman's profile image
Grant Shipman
  • Rental Property Investor
  • from Estes Park, CO
  • Member since Jul 15, 2017
  • Posts 276
  • Votes 1,203
  • Experience 26 Yrs
  • Investments 1

User Stats

276
Posts
1,203
Votes
Grant Shipman's profile image
Grant Shipman's profile image
Grant Shipman
  • Rental Property Investor
  • from Estes Park, CO
  • Member since Jul 15, 2017
  • Posts 276
  • Votes 1,203
  • Experience 26 Yrs
  • Investments 1
Grant Shipman
  • Rental Property Investor
  • Estes Park, CO
1,203
Votes |
276
Posts
Private Lending & Conventional Mortgage Advice

Who remembers when rates were over 17% ?

Grant Shipman
  • Rental Property Investor
  • Estes Park, CO
Posted
  • Grant Shipman
    • 5 Votes
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    Mike Dymski's profile image
    Mike Dymski's profile image
    Mike Dymski
    • #5 Investor Mindset Contributor
    • Investor
    • from Greenville, SC
    • Member since Mar 10, 2016

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    Mike Dymski's profile image
    Mike Dymski's profile image
    Mike Dymski
    • #5 Investor Mindset Contributor
    • Investor
    • from Greenville, SC
    • Member since Mar 10, 2016
    Mike Dymski
    #5 Investor Mindset Contributor
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    • Greenville, SC
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    Mike Dymski
    #5 Investor Mindset Contributor
    • Investor
    • Greenville, SC
    Replied

    Nominal housing prices have doubled in the past ten years.  Inflation adjusted prices are 100% higher than in the 1970s.  Government debt is off the charts.  Interest rates matter...a lot.  The mortgage rate chart in isolation is not relevant without the other side of the equation...price (and related debt level).

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