6Post.com | BMW 6-Series Forum - View Single Post - The average american home price has gotten out of hand

quick6 · 05-23-2020, 03:28 PM

Low interest rates certainly help boost prices. First home I purchased financed with 14% fixed rate 30 year mortgage which was considered pretty good at the time in 1980. Price of home was $110k, and is now over $800,000.

05-23-2020, 03:28 PM	#9
quick6 Captain 751 Rep 704 Posts Drives: BMW M6,BMW M340i Join Date: Dec 2019 Location: California iTrader: (0)	Low interest rates certainly help boost prices. First home I purchased financed with 14% fixed rate 30 year mortgage which was considered pretty good at the time in 1980. Price of home was $110k, and is now over $800,000.
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