Interest Rates Over Time [INFOGRAPHIC]

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.
WRITTEN BY:

LEAVE A COMMENT

      [source_url]

        [source_url]

                [source_url]

                  [source_url]

                        [source_url]