I recall interest rates in the mid 80s of 13-17% but wasn't of age in the 60s to be able to recall. According to the FreddiMac site, they were between 7.3 and 7.7 in 1971 rising steadily through the 70s.In the 1960's interest rates were 17%+. Housing price accretion has been hand and hand with ultra low interest rates and the addition of the second and even third mortgage.
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