https://files.keepingcurrentmatters.com/wp-content/uploads/2016/10/07160932/20161007-Share-KCM.jpg 315 600 The KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png The KCM Crew2016-10-07 06:30:272016-10-04 15:46:38Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]
Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]
- 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.
Members: Sign in now to set up your Personalized Posts & start sharing today!
Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts.