This is a very interesting timeline of the average interest rates throughout the years from 1970’s to 2022.

1971 – 7.5%

1974 – 9.19%

1979 – 11.2%

1981 – 16.63%

1990 – 10.13%

1994 – 6.94%

2000 – 8.05%

2003 – 5.8%

2009 – 5.04%

2010 – 4.69%

2012 – 3.5%

2014 – 4.17%

2015 – 3.85%

2016 – 3.65%

2018 – 3.95%

2019 – 5.34%

2020 – 3.7%

2021 – 2.68%

2022 – 5.72%

Today’s rate – 5.7%

You’ll pay $576.60 principal & interest for every $100,000 borrowed today.

If you our anyone you know is considering making a move, I would be happy to meet and offer my expertise. A “PERSONAL” home evaluation is always FREE and my resources can provide a more arcuate picture of a homes potential value. I guarantee to sell your home fast and for top dollar.

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If you our anyone you know is considering making a move, I would be happy to meet and offer my expertise. A “PERSONAL” home evaluation is always FREE and my resources can provide a more arcuate picture of a homes potential value. I guarantee to sell your home fast and for top dollar.