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8% is still pretty reasonable to me
I have memories of the 80s when Interest rates where up over 20%. Paying a mortags rate of 26% and all you could do was pay the interest. $1600 payments on $60,000 mortage.

I think any interest rate in the single digits is a good rate if you ask me. Still it was nice back at those 3.5% Prime rates in Canada right now are 6%. Not sure if they will continue going up if the US starts lowering theirs.
Posted by: voska   Posted on: 10/04/06 You are currently: a Guest | Members login | Terms of Use
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Bubble to burst?  opensourcepro | 10/04/06
Gee, I wonder if...  BitTwiddler | 10/04/06
Interest rate increases?  voska | 10/04/06
Low?  BitTwiddler | 10/04/06
Not sure how this will come out...  BitTwiddler | 10/04/06
8% is still pretty reasonable to me  voska | 10/04/06
Recessions and The Great Depression were caused by Government Interventions  Björn Lundahl | 10/05/06
Why do they do it?  voska | 10/05/06
In the short term the ruling party will gain  Björn Lundahl | 10/05/06

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