Yes! Mortgages were going for about 15% at one time. Imagine taking a mortgage at that rate! It started the adjustable rate mortgage craze. My company was giving out 15% pay increases every 6 months to keep employees even with inflation! That part was pretty good. I laugh when people today complain about 7% mortgages. That was not unusual in the 20th century. We got accustomed to artificially low rates after the 2007 collapse.