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Home Mortgage Rates by Decade [INFOGRAPHIC]

February 19, 2021 By Tami Savage

Home Mortgage Rates by Decade. 70s at 8.86%, 80s at 12.70%, 90s at 8.12%, 2000s at 6.29%, 2010s at 4.09% and today at 2.81%.  Interest rates are hovering near all-time lows.  There's more incentive than ever to make a move in today's market. Source: Freddie Mac

Some Highlights

  • Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
  • Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.
  • If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.

Tagged With: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers

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DISCLAIMER: The information contained, and the opinions expressed, on this site are NOT intended to be construed as investment advice. Tami Savage LLC does NOT guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should ALWAYS conduct your own research and due diligence and obtain professional advice before making any investment decision. Tami Savage LLC will NOT be liable for any loss or damage caused by your reliance on the information or opinions contained herein.