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As far as I know Carter was president from 77-81. I would have to think that it was his economic policy that can be attributed to the high interest rates. I don’t think that I am stretching to say that there is an economic lag time of a year.
Historical Mortgage Rates 1979, 11.19 1980, 13.77 1981, 16.63 1982, 16.08 1983, 13.23 1984, 13.87 1985, 12.42 1986, 10.18 1987, 10.20 1988, 10.34 1989, 10.32 1990, 10.13
