Historical Mortgage Rate Trend Charts

UPDATED! Please go here for updated mortgage rate trend charts (updated through May 2011)

Update: Please see this post for updated charts (through August 2008).

The 30 year mortgage rate monthly trend chart and post that was made here in September of 2006 continues to be one of the most frequented posts on this blog.

I’ve updated the 30 year fixed mortgage rate trend chart so that it now shows mortgage interest rates from April 1971 through December 2007.

In addition,historical rate trend charts for 15 year fixed mortgages, and 1 and 5 year ARMs (Adjustable Rate Mortgage) have been added.

Each chart plots the average monthly mortgage rate for the designated time period.

Data was supplied by FreddieMac and is believed to be accurate, but not guaranteed (naturally).

You are welcome to link to these charts, down load, or distribute them as long as the attribution remains intact (click on each chart for a larger image). If there is another way you’d like to see these plotted, give me a shout!

30 year mortgage rate historical chart

15 year mortgage historical rate chart

1 year ARM historical rate chart

5 year ARM historical rate chart

[tags]mortgage rate charts, historical mortgage rate trend[/tags]

Comments

  1. says

    Jay,

    Thanks for putting this together. It's interesting to look at the trends over this length of time – we are clearly enjoying historically low interest rates.

  2. says

    Wow, this certainly makes me happy that I was only three years old in 1984 and didn't have to pay those steep interest rates. I'm going to draw up a chart like this today for one of my clients that is beating his poor broker up over the interest rate he is offering him. Thanks for the great idea Jay.

  3. says

    Wow. It seems we don’t have many reasons to complain about our mortgage rates. How did people manage mortgage payments back in 1980-1983? Of course property prices were considerably lower, but that was in line with salaries. I can’t even imagine consequences if our rates were anywhere in that region.

Trackbacks

  1. […] now we’re at 3 year lows on interest rates. Historically, there’s not much difference between now and anytime in the recent past.  When I bought my first home it was 1980. Look at the chart. That was a REALLY scary […]

  2. […] hseitz wrote an interesting post today onHere’s a quick excerptI’ve updated the 30 year fixed mortgage rate trend chart so that it now shows mortgage interest rates from April 1971 through December 2007. In addition,historical rate trend charts for 15 year fixed mortgages, and 1 and 5 year ARMs … […]

  3. […] There are many benefits to home ownership. Generally, over time, homes increase in value. If you plan to stay in a home for a few years, that is a good thing. There is a lot to be said for “pride of ownership” and a place to call your own. There are tax advantages to owning a home. It’s nice to be able to fix up your home how you want it, not how your landlord dictates. Interest rates are near historical lows. […]

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