![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKXZ9SCKcAdvvJVfh4HMMnF6j9xTWy5YN_fyL0Jx6iktmCu3RDr_E3s0FwOhnfechrM7X2VxiHnriOSozfYoDih-iv_Q2Ou-tgsZo483KDZorS5ex5J0Y42Xb6GJo3P0f40sHY/s400/real-mortg.png)
The above graph shows the real (inflation-adjusted) 30-year conventional mortgage interest rate since 1971.
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Okay... so I see three things with this graph. One... the interest rates were waaay low in 1975 (was that pre-Carter). Two... rates shot waaay up during the recession in the early '80s (must have been caused by the recession) Three the graph shows that we are no longer in a recession... oh yeah... lol that's because it only lasted 18 months. haha
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