Interest Rate History
Yes, you’re going to tell me that this was last updated a year ago… but it’s good to see a 20 year moving average for mortgage rates. We’re just up from the historic low period in Spring 2013, but when looking at this long term, you’re anywhere up to 5% points lower than where we were in the past two decades.
This graph shows a 2 year average to show in more detail what’s happened recently to mortgage rates.
These new graphs are courtesy of Jonathan Burgueno at Fairway Mortgage – our main Mortgage source.
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