Gransnet forums

News & politics

Mortgage rates of yesteryear.

(77 Posts)
Esspee Fri 04-Nov-22 09:03:52

It is not uncommon for the younger generation to tell us how much easier it was in our day to buy our homes and how hard done by they are currently, especially with mortgage rates on the rise.

How many of you remember paying 15% on their mortgage?

Norah Thu 10-Nov-22 13:31:10

Chardy And was anyone seriously surprised when recent interest rates went up a tiny bit from next to nothing, and then a bit more? I was very surprised they were so low for so long.

Indeed. Rate was far too low for far too long. Had to correct.