Interest Rates Over Time [INFOGRAPHIC]

Interest Rates Over Time [INFOGRAPHIC] | Simplifying The Market

Interest Rates Over Time [INFOGRAPHIC] | Simplifying The Market

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.

Content previously posted on Keeping Current Matters

About Salee

Since 2004, I've proudly dedicated myself to serving the Southern California real estate market. Before all else, I'm a friend who will help turn your dreams of "home sweet home" into a reality. My desire to be a part of your success is what motivates me to provide the exemplary service we all deserve. Whether you're here because you want to buy a home, sell yours, or just need real estate advice, I'd love to hear from you!

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