30. A mortgage loan is a loan that a person makes to purchase a house. Table 5.11 provides a list of the mortgage interest rate for several different years and the rate of inflation for each of those years. In which years would it have been better to be a person borrowing money from a bank to buy a home? In which years would it have been better to be a bank lending money?

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Year Mortgage Interest Rate Inflation Rate 1984 12.4% 4.3% 1990 10% 5.4% 2001 7.0% 2.8% Table 5.11