Mortgage Rates By Decade Compared To Today INFOGRAPHIC

Dated: 10/07/2016

Views: 49

historic rates chart

Some Highlights:

  • The interest rate you secure for your mortgage greatly influences your monthly housing costs.

  • In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.

  • Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage.

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Ron Harmon | Designated Broker

As a dedicated real estate broker I have helped over 500 families purchase or sell their home and I am qualified to guide you through buying or selling a home. Buying or selling a home is one of t....

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