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HillsSt t1_ivig4j6 wrote

Reply to comment by Lasshandra2 in Common Massachusetts W by Rannrann123

And the start of the 80's. Inflation now is nothing to then. And interest rates. My first mortgage was 10% in '87. That was after rates dropped. Think they had peaked around 17%.

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Lasshandra2 t1_ivjvdco wrote

Yes. But cash in savings accounts gained close to that. It’s more oppressive now, imo.

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Graywulff t1_ivk21id wrote

Yeah my first savings account was 5% 1998.

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