I think my first loan in mid 80's was in the 11% range. Now 4.25 is awesome, think I'll go buy some houses while they are on sale
Actually, from what I'm reading on CD, from folks who are complaining about the rigorous application/approval process, they've gone back to how it used to be. Again, in the 80's I had to provide copies of financial docs such as money market acct, CD's, car loan info, copies of paychecks and a host of other stuff. In subsequent yrs it required less paperwork.