Yep...first house I bought in 1983 was with a VA loan at 12.95%. A typical car loan for someone with good credit was 17 to 19 percent. A passbook savings account was earning around 10%.

On Tues the lender locked in our rate on the new house in Ada at 2.247% for a 30 year VA loan. I feel very fortunate with the timing. I'm afraid loans like that will be a memory in a few short months.