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Pastimes : Where the GIT's are going
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To: Alan Smithee who wrote (128827)12/28/2006 6:29:05 PM
From: Ish   of 225578
 
<<Weren't home mortgages right around 16% during the Carter years?>>

During those years my dad and I put some money together and bought a jumbo CD, paid 18%. The S&L called me telling me I should cash in part of that CD and pay off my $20k home loan that was at 6.75%. I bet they had bridges for sale too.
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