http://www.boston-condos-for-sale.com/2007/02/23/mortgage-rates-are-falling/ Exclusive Boston Condos & Real Estate Information Source Fri, 21 Nov 2008 02:45:11 +0000 http://www.boston-condos-for-sale.com/2007/02/23/mortgage-rates-are-falling/#comment-67 Walt Mager Fri, 26 Oct 2007 17:26:29 +0000 http://www.boston-condos-for-sale.com/?p=50#comment-67 <p>I am a product of home purchasing in the 1970's and 1980's. My first home was purchased with 20% down at a rate of 8-1/4 % in 1974, my next home was purchased at an adjustable rate of 13-1/4 percent. Most of the home buyers of today don't have a clue as to what it really costs to buy a home in a bad market, 6% is not so bad.</p> I am a product of home purchasing in the 1970’s and 1980’s. My first home was purchased with 20% down at a rate of 8-1/4 % in 1974, my next home was purchased at an adjustable rate of 13-1/4 percent. Most of the home buyers of today don’t have a clue as to what it really costs to buy a home in a bad market, 6% is not so bad.

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