Okay…. It’s been a while and a few things have changed. A lot of things have changed. But we’re still here.
This was from July, 1985 at a bank near the town where I grew up.
Three weeks for an approval (not closing… just the approval) and a best-rate of almost 12% with two points in origination!
Are things higher than we have been used to? Yes. Are we happy about that? No.
But perspective people… perspective.