Special offer
William Piotrowski, Just Call William 630-881-8655 (Diamond Residential Mortgage Corporation )

Spam prevention
Rainmaker
1,553,415
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

1989, I was 20 years old.

Seller financing 12% if memory serves, I know for sure it was double digits.

Feb 24, 2018 01:05 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

1982 13%

Feb 24, 2018 11:42 AM
Ambassador
2,187,693
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

1973.  It was my 21st birthday present to myself.  It was an assumption and I think the rate was 8%.

Feb 24, 2018 09:46 AM
Ambassador
3,383,384
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I didn't want roommates and wanted stability, so I bought an older condo in my area.  My interest rate was 8.25%, and that was a great deal at the time.

Feb 24, 2018 05:07 PM
Rainmaker
853,122
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

1993; 8.25%  Makes me laugh when people get nervous about 4+%

Feb 24, 2018 12:34 PM
Rainmaker
510,664
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

1978, the interest rate was about 9.75%. We thought it was a good deal. Rates shot up after that.

Feb 24, 2018 11:52 AM
Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

1979

 10.5

Feb 24, 2018 11:38 AM
Rainmaker
855,769
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

1983 and the interest rate was 13.25% Kinda hard to believe now.

Feb 24, 2018 11:08 AM
Rainmaker
4,960,541
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

1973 and maybe 5%

Feb 24, 2018 09:34 AM
Rainer
54,940
Jordan Ayan
The Lifestyle Collection - Scottsdale, AZ
Luxury Market Expert, CLHMS,Million Dollar Guild

1982 - 4 year buy down 14. 13, 12 and 11% with 3 points on an $101,000 purchase with 5% down.  

Feb 24, 2018 08:52 PM
Ambassador
5,060,554
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

1979 right before starting grad school - don’t recall the rate but it was higher than now. Highest rate I’veexperienced was 18%

Feb 24, 2018 08:33 PM
Rainmaker
1,092,947
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

1977, 8%, VA loan

Feb 24, 2018 07:32 PM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

2005. 6.875% and we were stoked. We refinanced into a 15 year about three years later at 4.5% and we were giddy, went out to dinner to celebrate. Then the next couple of years 30 year fixed went far below 4.5% :-) -K  

Feb 24, 2018 06:45 PM
Ambassador
3,349,434
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

1980 or 1981 ... interest rates were around 20%. 

Feb 24, 2018 04:18 PM
Rainmaker
2,577,571
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

We built our home in 2005 at a 4% interest rate :)

 

Feb 24, 2018 03:53 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

1972.... 

I don't remember, exactly....but I'm sure they were in the 4's..... low 4's....

Feb 24, 2018 10:44 AM
Rainmaker
902,038
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

My first purchase was a co-op (never again!) in 1986. Was happy to get interest rate of 10.6%. 

Feb 24, 2018 09:54 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think it was '79 before the big interest jump.  Mine was around 11%

Feb 24, 2018 09:52 AM
Rainmaker
5,112,886
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Long ago... and it was a coop in NYC on Park Avenue... all-cash building... no financing allowed. So no interest rate. 

Feb 25, 2018 05:17 AM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I don't remember but my second house in 1980 or so was an adjustable rate with a 6 point cap starting at 14.78%. My business loan was 22%, 2 points over prime.

Feb 25, 2018 05:16 AM
Ambassador
5,254,055
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

1980 - about 13%

Feb 24, 2018 09:06 PM
Ambassador
6,418,172
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

1989 12%

Feb 24, 2018 09:00 PM
Rainmaker
2,191,798
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

1977 - 9.25%

Feb 24, 2018 07:01 PM
Rainmaker
129,698
sandy straley
Rindlesbach Homes - Salt Lake City, UT
Selling Homes for over 40 Years

1979 after my first year in real estate. . . . 

10%

Feb 24, 2018 06:15 PM
Rainmaker
1,323,074
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

1976 and the rate was 8% and I felt that I was lucky to get it.

Feb 24, 2018 05:05 PM
Rainmaker
472,114
JoAnn Moore
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware

1977; $31,000, 11.25%

Feb 24, 2018 04:20 PM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

1974 with a $28,000 30 year loan at 8.5%

Feb 24, 2018 04:12 PM
Rainmaker
1,624,853
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

In this country it was just 3 years ago. So interest was similar, just a bit lower. 

Feb 24, 2018 02:13 PM
Rainer
376,587
Libby Cousins
Extraordinary Processing - Spokane, WA
Contract Mortgage Processor, licensed in WA

1996 and the rate was 6.875%. 

Feb 24, 2018 12:50 PM
Rainmaker
7,863,786
Roy Kelley
Retired - Gaithersburg, MD

1961  6%

Feb 24, 2018 12:18 PM
Rainmaker
759,485
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

'99 & it was 5.75%

Feb 24, 2018 11:31 AM
Rainmaker
5,239,966
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

1972 - 6.75%, 29 year amortization

Feb 24, 2018 10:50 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

William Piotrowski We purchased our first house in 1968. The interest rate was a low 9% FHA loan.

Feb 24, 2018 10:06 AM
Rainer
69,794
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

2000 and 7.25% and we were thrilled at that rate.

Feb 28, 2018 09:25 AM
Rainmaker
5,877,345
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

In was in 39 years ago, and do not remember the interest rate.

Feb 27, 2018 08:28 AM
Rainmaker
4,272,934
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

1979 at 13%

Feb 25, 2018 08:41 PM
Ambassador
3,167,614
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

1987  and it was 14%

Feb 25, 2018 07:43 PM
Rainmaker
1,506,053
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

2010, 4.89% or so.

Feb 25, 2018 09:19 AM
Rainmaker
1,847,011
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

1984 & I think 12 or 14%. Not 8% is what I'm thinking that would have been too low.

Feb 25, 2018 07:05 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It was 1978.  I think it was around 7 or 8%.

Feb 25, 2018 06:35 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Decades ago and I don't recall

Feb 25, 2018 06:17 AM
Rainer
121,632
Cathy Starkweather
La Rosa Realty, LLC. - Celebration, FL

1995 and 7%.

Feb 25, 2018 06:15 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

9.5

Feb 25, 2018 04:39 AM
Rainer
430,282
J.R. Schloemer
Kentucky Select Properties - Louisville, KY

2006, with an ARM of 3.99% I do believe. It may have been 2.99%. We got out before the rate adjusted 

Feb 24, 2018 09:53 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

1972. It was an assumption of a VA loan at 6%. I remember that first house payment was $105.

Feb 24, 2018 09:43 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

William Piotrowski - it was pretty late - in 2001. At 7% then and re-fied several times since then.

Feb 24, 2018 08:50 PM
Rainer
86,514
Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

1977 and my rate was a whopping 4.25%! I paid $41,500 with 10% down and owc 2nd. The seller wanted us to cooperate with his exchange so we delayed closing but he allowed us to move in. NEVER let this happen to YOUR seller. EVERYTHING started to break and he ended up fixing way too much stuff. I found a real cuties in our historical area downtown but it was $43,000 and World Savings told me I was maxed out at the $41,500!! 

Feb 24, 2018 03:26 PM