In the 1970s, savings and loan associations primarily earned their income from extending fixed-rate home loans. They extended many of these loans in the early 1970s when inflation was low. Were the savings and loan associations winners or losers as inflation skyrocketed in the late 1970s?

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The Answer of In the 1970s, savings and loan associations primarily earned their income from extending fixed-rate home loans. They extended many of these loans in the early 1970s when inflation was low. Were the savings and loan associations winners or losers as inflation skyrocketed in the late 1970s?

In the 1970s, Savings and Loan Associations Primarily Earned Their