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People buy things for its "utility", the pleasure or service received from a product or service, be it food, clothing, house cleaning, a car, a wide-screen TV, a computer, a hair cut, a manicure, and …a home. I can attest first hand to the fact that when I show potential homebuyers a home, I don’t hear: "Oh ...
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What where mortgage interest rates (30 year conventional), oh, say 10 years ago this month? Don’t know? OK, here’s the answer: 7.94%. How about 15 years ago this month? Still don’t know? OK, here you go again: 8.67%. I was recently doing some research and stumbled upon on a very interesting (plain mind you, but interesting) web ...
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