18% MORTGAGE RATES IN 1980

18% MORTGAGE RATES IN 1980

Very interesting video from when home mortgages were around 18%. Found it very interesting that there was still demand to purchase homes even though the rates were so high. People will always need homes to buy even if things get more expensive. Just a reminder that no matter what the economic factors are, people will still need to buy homes.

 

Credit: The Economics Archives.

Dan has been adding value at Homeinc for the past 6 years. Not only does Dan do sales and acquisitions, he also oversees the retail division. Dan’s favorite part of working at Homeinc is the culture and the team that he works with. He is known to have the best sense of humor of the bunch. When not at work, Dan enjoys playing tennis and spending time with his pup, Ari, and girlfriend, Ashley.

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