I looked at the average interest rate of the last 50 years in America and it was almost 8%. And yet people relatively are seeing our current interest rates as a lot of money, They’re really not. [Interest rates] are simply average.
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About Barbara Corcoran
Barbara Corcoran was a contemporary American businesswoman. Barbara Ann Corcoran is an American businesswoman, investor, syndicated columnist, and television personality. She founded the Corcoran Group, a real estate brokerage in New York City, which she sold to NRT for $66 million in 2001 and shortly thereafter exited the company. Read more on Wikipedia →