Interest Rates Over Time [INFOGRAPHIC]
Some Highlights:
- With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time.
- According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low.
- The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan. Maybe it’s time to lock in now while rates are still low.
Categories
Recent Posts
The Real Reason Some People Are Still Moving Right Now
The Truth About Affordability Today
What Most Veterans Don't Know About Their VA Home Loan Benefit
Newly Built Home Prices Hit a 5-Year Low
Record High Mortgage Debt Sounds Scary. Here’s What the Headlines Leave Out.
Are Home Prices Going To Fall?
The Pricing Mistake That Could Cost You Your Sale
What the Foreclosure Headlines Aren’t Telling You
Why Staging Your House Could Pay Off This Spring
Could Co-Buying Be the Answer for Some First-Time Buyers?
GET MORE INFORMATION
