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Message Subject STOP Using Your CREDIT CARD! Immediately!!!
Poster Handle Red John
Post Content
lol 5% mortgage

try the 10+% mortgage interest rates in the 80s in Canadustan

I still have a page from the news paper classifieds

April 21st 1982


here's a few of the ads

... at 10.5% until July '84

... "super financing" 12.5% until '85

... at 13% until Oct. '85

... financing at 13.75%

... financing at 14.75% until Dec. '85

... at 15.75% until '84
 Quoting: Red John


Yeah and look at a price of a house in the 80's

50-90k for a good 4 bedroom house
 Quoting: Anonymous Coward 71204224


here's a few prices from the same page

... price reduced: 129,900.00

... $100,000.00 @ 15.75% ~ full price $149,900.00

... $214.000.00 (no interest rate listed in the ad)

... $177,900.00 (no interest rate listed in the ad)



and min. wage was under 4 bucks
 
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