Mortgage Rates By Decade Compared To Today

Mortgage Rates By Decade Compared To Today

Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | MyKCM

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.


Heather F Davidson Headshot
Author:
Phone: 609-209-7581
Dated: October 7th 2016
Views: 84
About Heather: I'm an agent whose business is built on the promise of exceptional customer service. If you are sel...

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RE/MAX Tri County
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