A daily journal concerning Lake Vermilion and surrounding areas
Selected real estate, notes, stories, musings, and anecdotes
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Wednesday, March 05, 2003
Not to beleaguer the point but the graph below is noteworthy. It's the mortgage trend over the past 30 years. With the current rates, a 15 year, $100,000 loan carries an approximate monthly payment of $777 per month. That same loan back in 1995 would have cost you about $178 more per month.
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