Mortgage interest rates in the 70s

cph

Registered User
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To help with research on rearing a family towards the end of the last century what was the approx. % interest on a house mortgage in the 70`s and 80`s
 
Have a look at this link. Google is your friend!

http://www.*****************.com/history-of-mortgage-rates-in-ireland.html
 
Interesting link .
Could we see rates this high again 16% sounds crazy.
Of course high rates supress property bubbles

Were these rates similar across Europe?
 
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