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Mortgage interest creeped up a bit today, Tuesday, February 6, 2024. All major terms saw incremental increases, with 30-year fixed rates up to 7.11%.
Between 1971 and 1981 — also boosted by prices and rates — the typical monthly mortgage payment went from $142 to $772. By 1981, the average sale price was $68,950, or about $238,450 in ...
1970s mortgage rate trends The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac.
Because rates can fluctuate daily, ... The fixed rate for a 15-year mortgage is 6.0%, up 8 basis points from last week's average 5.92%. These figures are lower than a year ago, when rates averaged ...
Because rates can fluctuate daily, ... The fixed rate for a 15-year mortgage is 6.13%, up 13 basis points from last week's average 6.00%. These figures are lower than a year ago, when rates ...
Current Mortgage Rates for February 5, 2024. The National Association of Realtors does expect mortgage rates to steady in the 6% range by year's end, but it will take a lot of ups and downs to ...