[quote=SD Realtor]I see more people overjoyed that the bank will loan hundreds of thousands of dollars at 3 or 3.5% as opposed to the write off.[/quote]
Oh no doubt SD Realtor. For savers like me it’s HORRIBLY painful seeing rates so low but definitely for the masses it’s true BLISS seeing rates this low.
Unfortunately for savers/retirees we’re probably stuck in this low interest rate environment for several more years to come.