Home Mortgage Rates by Decade (Infographic)

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Some Highlights

  • Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.

  • Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.

  • If you’re in a position to buy a home, reach out to a local real estate professional to determine your best move in today’s housing market while interest rates are still in your favor.

SOURCE: Keeping Current Matters

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What Record-Low Housing Inventory Means for You