Main Content

How mortgage interest rates compare over the last four decades. You’ll be pleasantly surprised!

Based on average 30-year fixed mortgage rates and the approximate payment for a $250,000 mortgage, you can see from the chart below how interest rates now compare to those over the last four decades.

Some Highlights:
With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.
The impact your interest rate makes on your monthly mortgage cost is significant!
Lock in a low rate while you can! Contact Barry Goldenberg, Luxury Mortgage to talk about your financing plans now!


 

Translate »