Whenever anyone talks about how high interest rates are now, I remember when my wife and I bought our house in 1997. We were pre-approved for a 30-year fixed rate mortgage at 7.5%, and we were told to take it.
What we were actually told was, "you’ll never see a rate this low again.
It needs the tell-tale “gone on top and dusting around the back” stubble that makes it clear shaving his head is the only remaining option.