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2. Mortgage rate history: 1970s to 2024 - AOL

   www.aol.com/finance/mortgage-rate-history-1970s...

   Lowest average rate. 5.38% (2009) 1990s mortgage rate trends. ... 1970s mortgage rate trends. The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest ...

3. Lowest Interest Rates Ever Recorded, Again - AOL

   www.aol.com/news/2009-12-04-lowest-interest...

   The average interest rate for a 30-year home fixed-rate mortgage fell to 4.71 percent, according to the Freddie Mac's Primary Mortgage Market Survey, released December 3.

4. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   These mortgages enticed borrowers with a below market interest rate for some predetermined period, followed by market interest rates for the remainder of the mortgage's term. The US home ownership rate increased from 64% in 1994 (about where it had been since 1980) to an all-time high of 69.2% in 2004. [ 71 ]

5. Mortgage Rates at Highest Level Since 2009, Consumer ... - AOL

   www.aol.com/finance/mortgage-rates-highest-level...

   Mortgage applications continued to decrease last week -- to their lowest level since 2018 -- while mortgage rates increased to the highest level since 2009, according to the Mortgage Bankers...

6. Federal Reserve responses to the subprime crisis - Wikipedia

   en.wikipedia.org/wiki/Federal_Reserve_responses...

   In August 2007, Committee announced that "downside risks to growth have increased appreciably," a signal that interest rate cuts might be forthcoming. [4] Between 18 September 2007 and 30 April 2008, the target for the Federal funds rate was lowered from 5.25% to 2% and the discount rate was lowered from 5.75% to 2.25%, through six separate actions.

7. Mortgage and refinance rates for Dec. 30, 2024: Average rates ...

   www.aol.com/finance/mortgage-and-refinance-rates...

   Freddie Mac reports an average 6.85% for a 30-year fixed-rate mortgage, up 13 basis points from last week's average 6.72%, according to its weekly Prime Mortgage Market Survey of nationwide ...