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Why Does the 30 Year Mortgage Rates Go as High as 18.45% in 1981?

Can this happen again and what implications would it have? Millennials need to matter themselves fortunate for coming of age properly after the harrowing financial activities of the overdue ‘70s and early 80s. It is probably difficult to conceive in today’s benign environment, but in past due 1981, 30-yr mortgage interest costs topped ranked out […]

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