Originally Posted by rockinkz
Low inflation rates and low interest rates are the product of govt. meddling with the economy. Remember the late 70's? High cost of money along with high inflation. Right now I think the problem is the folks with the money don't want to spend it because they're very nervous & holding onto cash.


+1

Yes, I remember the Jimmy Carter years as well. I tried to buy my first house and mortgage rates were in the high teens.