In America,the traditional way to finance a home purchase is with a thirty-year, fixed-rate mortgage loan.
VOA: special.2011.01.24
The Federal Funds Rate was 5.5% and then the whole term structure -all the way--almost all the way.
联邦基金利率是5.5%,整个期限结构图,几乎自始至终...
They started something that you may have heard of called The Baby Boom, so the birth rate shot way up and everyone wanted a home.
你们应该听说过那时候开始的,所谓的婴儿潮,出生率激增而且每个人都想要一套房子
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