30 Year Fixed Mortgage Rates History Graph

In 1971 the same year when freddie mac started surveying lenders 30 year fixed rate mortgages hovered between 7 29 to 7 73.

30 year fixed mortgage rates history graph. The 30 year mortgage rate is the fixed interest rate that us home buyers would pay if they were to take out a loan lasting 30 years. The current 30 year mortgage fixed rate as of september 2020 is 2 90. Putting that into perspective the payment on a 100 000 mortgage today would be 507 whereas in 1981 it would have been 1 559. This is just for principal and interest.

Use the mortgage rate chart tools below to view amerisave historical 30 year fixed 15 year fixed and 7 year adjustable mortgage rate trends. View data of the average interest rate calculated weekly of fixed rate mortgages with a 30 year repayment term. October of 1981 saw the highest 30 year fixed mortgage rate in history. 5 year fixed rate historic tables html excel weekly pmms survey opinions estimates forecasts and other views contained in this document are those of freddie mac s economic housing research group do not necessarily represent the views of freddie mac or its management and should not be construed as indicating freddie mac s business.

That s 14 13 higher than the average 30 year fixed mortgage rate today. The benchmark 30 year fixed rate hit a record low of 3 52 percent during the week of july 6 2016 according to historical bankrate data. Rates shown do not include additional fees costs of the loan. 30 year fixed mortgage rate historical chart.

The rate was around 18 63. Interactive historical chart showing the 30 year fixed rate mortgage average in the united states since 1971. This is lower than the long term average of 7 93.