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Re rates in 80’s

Posted by Maddog @ 15:46 on August 18, 2026  

The vast majority were scared to death that rates would go even higher and that inflation would keep going higher…….only later, much later did people wish they had booked high rates…..but rates had climbed from @ 4 %..so they were right not to book 8, 9, 12 , 14 etc……of course a lucky few did have rollovers that coincided, and they never had to worry again for 30 years !!!!!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.