Mortgage Rates Over the Past 40 Years - INFOGRAPHIC

                                                                                                                                                Source:  Freddie Mac 

Some Highlights:

• 30-year mortgage rates are projected to increase by a full percentage point in 2016
• Rates are still well below the past four decade averages
• The interest rate at which you borrow the funds to purchase your dream home makes a huge difference on your monthly payment

 

Elizabeth Scott, Realtor®, Broker

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