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Bar chart with percentage symbol comparing home mortgage rates by decade, from the 1970s through the 2010s.

Home Mortgage Rates by Decade [INFOGRAPHIC]

A look at how mortgage interest rates have changed over the decades and what it means for today's home buyers.
Cheryl Bower  |  February 18, 2021
Mortgage rates by decade, from 12.70% in the 1980s to 2.81% today.
 
Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
 
Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.
 
If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.

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