Name:   Talullahhound - Subject:   A world gone mad Date:   10/21/2021 4:17:28 PM

I bought my first house in the Carter years.  Because the interest rates were changing so fast, they wouldn't lock in your mortgage interest rate until the day you closed.  We had a cap on our house offer that if the interest rate went above 15.5% we wouldn't close.  I saw it as high as 17%.  Thankfully, it eventually went down and we refinanced.  Those were hairy days.