First house fresh out of college in 1980 in SD, was able to assume a 7% VA loan on the house I bought. $400 a month mortgage, interest and taxes. That was a great rate at the time. 1987 bought a hobby farm with old farm house in MI at 11% interest and $1100 a month payment! Since then we have bought and sold numerous properties from 9 to 7% and lower payments. This last place I bought the land with funds from a home equity line of credit, paid that off in a year and then sold properties while I built this house with no note.....that is the best interest rate! Bad news is the taxes amount to close to $500 a month.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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