Monday, October 10, 2016

Mortgage Rates by Decade Compared to Today

Mortgage Rates by Decade Compared to Today Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | Simplifying The Market

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.

Contact me for information on today's mortgage information and local Lake Country, WI lender referrals! 

262-443-2672

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