Historical Mortgage Rate Trend Charts

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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]

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About the Author
Jay Thompson

I'm a real estate broker in Phoenix, Arizona and the publisher of the Phoenix Real Estate Guy blog. I tend to drive too fast and scream at the University of Texas and Denver Broncos football teams. My two kids are smarter than most adults I know and my wife is simply amazing.

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  1. Jayson 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. Francy says:

    I know our website visitors will be *very* happy for the updates!

  3. Rod Rebello says:

    Good info Jay. Rates have recently dropped to their lowest point in 2 years after a spike up in December.

  4. Chantal 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.

  5. Sallie says:

    What a great visual. Thanks for putting these together.

  6. VA loans says:

    Everybody is scared of the "impending doom" in the mortgage market but those trend lines are looking pretty good to me.

  7. Greg Watson says:

    Bravo. Good info. Thanks for sharing

  8. If if was this bad back in the day and we survived. We should come out okay in the long run.

  9. thanks for the info…. very helpful. Relative to more than just the phoenix real estate market.

  10. johnjoe says:

    thank you for an informative editorial

  11. Thanks for putting this together, this is great info! It is quite helpful, thanks again for sharing.

  12. 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. [...] UPDATE: Please see this post for an updated chart (through Dec 2007) plus new charts! [...]

  2. The Most Important Thing You Can Do To Get Ready For Buying Your Home In An Historic Las Vegas Neighborhood says:

    [...] 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 [...]

  3. [...] 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 … [...]

  4. [...] a look at the great mortgage rate charts that Jay Thompson, the Phoenix Real Estate Guy, has just published.  Good info to consider for all [...]

  5. [...] rates based solely on the borrowers credit score. So, whether you put 5% down or 20% down your interest rates will be higher if you have a score less than [...]

  6. [...] 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. [...]

  7. [...] Here’s a chart of the history of mortgage rates, courtesy of my broker The Phoenix Real Estate Guy (see his post with many more charts here). [...]

  8. [...] Historical Mortgage Rate Trend Charts | The Phoenix Real Estate Guy (tags: finance mortgage) [...]

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