Fabulous Interest Rates Compare 1970 to 2020

Dated: February 25 2020

Views: 65

Interest Rates Over Time 

Interest Rates Over Time [INFOGRAPHIC] | MyKCM

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.
Blog author image

Arna Freedman

Looking for a Pro? Someone who will listen, negotiate and get the home you are looking for with the least amount of stress? I have been successfully working for buyers and sellers in Orange County fo....

Latest Blog Posts

Cash Buyers We Buy Homes Cash

Do you want a fast sale, no one walking through your home?                                      

Read More

Why I should Buy nor Rent

<iframe sandbox='allow-scripts' src='https://www.simplifyingthemarket.com/en/videos/embed/237874-cf01eafb21d1efc392d8d17c361b86b7/b947b740' frameborder='0' allowfullscreen width='560' height='&

Read More

How a Buyer can Stay Motivated in a Seller's Market

<iframe sandbox='allow-scripts' src='https://www.simplifyingthemarket.com/en/videos/embed/237874-cf01eafb21d1efc392d8d17c361b86b7/2a86add7' frameborder='0' allowfullscreen width='560' height='&

Read More

Buyer's Can Make A Difference This Way!

Pre-Approval Makes All the Difference When Buying a HomeYou may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what

Read More