When I was at my parents house on saturday my brother and his wife mentioned they were trying to look for a house, just to see what was out there and we got talking about interest rates and my parents then told me the interest rates they got
My dad's house in West Orange that he bought with a bunch of friends? 13%.
My parents first condo(circa 83 i think) ? 11%
My parents first house, where I grew up until I was 11 years old (circa 1986)? 9.7% and it was variable rate but they managed to refinance before the 5 years.