+Massimo: Yahr yahr! He didn't realize they already got 4.80% of his balance from his pocket with a magician move! Yahr yahr! Anyway... 4-5% rate is not absurd in the US. It has always been almost like this as far as I can remember (maybe sometimes it was even 6-7%). It's useful for someone (like bernie), but tragic for someone who does not have any money and to buy a house with those mortgages it's almost impossible. Still, the US has got a very low rate in comparison with other extra-european countries.