Historical Perspective: Average Mortgage Interest Rates Since 1980
I recently had a request for the average interest rates on mortgages dating back to 1995. I did not have anything like this in my database of information, so I had to track down someone who did. The information used to create the graph in this post was obtained from the Federal Home Loan Bank of Chicago (FHLBC). The graph below is for the average interest rates for previously occupied homes by the FHLBC's combined lender information. For more mortgage rate information, you can go to their website http://www.fhlbc.com/index.shtml.
Below is the line graph of average mortgage interest rates on previously occupied homes since 1980.
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Jason Tangen, GRI - Real Estate Broker Associate with Edina Realty St Cloud MN
jasontangen.edinarealty.com - Search for Open Houses in St Cloud, Sartell, Sauk Rapids, and other Central MN areas.
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