Interest rate booklet from 1980's.
So we REALTORS are worried about what's coming! Interest rates are around 7% right now and we are hurting. Those of us who go back to the 1980s remember living through awful times. This book was found in a deceased real estate agent's estate sale and brought back many memories for me. We did lots of owner-financing!
We were also fortunate in having some assumable loans that didn't require credit checks or permission. FHA loans, VA loans, and ADFA (called bond money loans) were assumable. This book was published in 1980 and had the owner's name and his date was 1989.
Let's see what happens! We made it through it then but it was no fun!!
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