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Updated over 2 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 1,202
  • Experience 25 Yrs
  • Investments 1

User Stats

276
Posts
1,202
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 1,202
  • Experience 25 Yrs
  • Investments 1
Grant Shipman
  • Rental Property Investor
  • Estes Park, CO
1,202
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
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    Mike Dymski's profile image
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    Mike Dymski

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    Mike Dymski
    Mike Dymski
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    Mike Dymski
    #1 Real Estate News & Current Events Contributor
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    • 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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