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Historical Mortgage Rates

Tuesday, March 27, 2007 - Article by: eFinanceDirectory - Message

Refinance Rates
Purchase Rates
   Product:                      Today    Last Week
Compare rates in your area:
Refinance Rates
Purchase Rates
   Product:                      Today    Last Week
Compare rates in your area:

The following chart indicates how mortgage interest rates have moved up and down over the last twenty years:

Year
30 year fixed
1 year ARM
1987
10.21%
7.83%
1988
10.34%
7.90%
1989
10.32%
8.80%
1990
10.13%
8.36%
1991
9.25%
7.09%
1992
8.39%
5.62%
1993
7.31%
4.58%
1994
8.38%
5.36%
1995
7.9%
6.06%
1996
7.81%
5.67%
1997
7.60%
5.61%
1998
6.94%
5.58%
1999
7.44%
5.99%
2000
8.05%
7.04%
2001
6.97%
5.82%
2002
6.54%
4.62%
2003
5.83%
3.76%
2004
5.84%
3.90%
2005
5.87%
4.49%
2006
6.41%
5.54%
2007
6.26%
5.49%
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