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Q: What was average interest rate paid on savings accounts in 1987?
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What is In 1987 savings institutions accounted for?

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The average family income was $20,000 in 1987.


In 1987 savings institutions accounted for what percent of all home loans?

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The average cost of a home in 1987 was an estimated $127,200.00. The average income for a family was an estimated $26,000.


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In 1987, the US national average for a gallon of regular gasoline was 95 cents - the equivalent of about $1.82 per gallon in 2010.


When was First Calgary Savings established?

According to Bloomberg Businessweek, First Calgary Savings & Credit Union Ltd. was founded in 1987 and currently trades as "First Calgary Financial." However, First Calgary Financial's website claims it was founded in 1938.


Why did housing starts begin declining in 1987?

housing starts began slowly declining in 1987, as interest rates edged upward, and the U.S. economy began to fall into a recession.