Sure can, 10% in 1980 While still single I started shopping for my own home in the fall of 1979 and quickly found out I couldnt afford much of a home due to interest rates round 15%? cant remember for sure. I know at that time I had my life savings in a passbook account at a savings and loan that was paying me 10%!! Found a place I could afford only because it had an assumable GI bill loan at the bargain basement rate of 10%, and they only required 20% down, LOL I had the required down payment and a good job and easily qualified for the loan. Met my soon to wife with in one week of moving in and we paid the place off three times over the years but put mortgages back on it several times to help finance the purchase of our farm ground and starter homes for the kids. What was supposed to be a temporary place to live turned into 36 years but we are now in process of moving further out into the country and have it for sale. Banks are standing pretty hard on 20% down and that really cuts down on the number of people that can qualify for a loan, if not for that our house would have sold with in 24 hours of being listed last fall.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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