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justaguyhere
on Dec 13, 2018
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Robinhood launches 3% checking account
my dad used to get > 10% rate (not US, and yes, it was much higher than inflation rate). Now we think 3% is bonkers. How times have changed!
EpicEng
on Dec 13, 2018
[–]
I don't know where you're located, but in the US, interest rates used to be much higher. So yes, you got great rates on savings accounts, but you also paid 8%+ on your mortgage.
jdhn
on Dec 13, 2018
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Housing prices were lower in both absolute and inflation adjusted terms, so the higher interest rate didn't hurt as much.
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