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Mar
06

Mortgage Rates for 30 Year Fixed From 1971 to Present

By paris911

Hey all, here are the status for the Mortgage Rates since 1971, I thought this would be nice to get a gauge of what is going on.  When it comes to Real Estate Resale it is very important for me to establish a base line with the history of home selling prices.  Therefore, because as a buyer you are not paying any Realtor Fee’s and your closing costs consist of the fee’s you are paying to Escrow, Title, and a Lender – I thought this would be a nice Time-Line.  Give me a call if you need anything at all 661.400.1720 - CONNOR with HONOR

Please check out a Sister site from Top Producer that I was able to get going recently – There is a lot of good information on this site as well as the "Market Snapshot".  Enjoy!

30-Year Fixed-Rate Mortgages Since 1971

Monthly Average Commitment Rate And Points On 30-Year 
Fixed-Rate Mortgages Since 1971
 
 
2008
2007
2006
2005
2004
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
5.76
0.4
6.22
0.4
6.15
0.5
5.71
0.7
5.71
0.7
February
5.92
0.5
6.29
0.4
6.25
0.6
5.63
0.7
5.64
0.7
March
 
 
6.16
0.4
6.32
0.6
5.93
0.7
5.45
0.7
April
 
 
6.18
0.5
6.51
0.6
5.86
0.6
5.83
0.7
May
 
 
6.26
0.4
6.60
0.5
5.72
0.6
6.27
0.7
June
 
 
6.66
0.4
6.68
0.5
5.58
0.6
6.29
0.6
July
 
 
6.70
0.4
6.76
0.5
5.70
0.5
6.06
0.6
August
 
 
6.57
0.4
6.52
0.4
5.82
0.5
5.87
0.7
September
 
 
6.38
0.5
6.40
0.5
5.77
0.6
5.75
0.7
October
 
 
6.38
0.5
6.36
0.4
6.07
0.5
5.72
0.7
November
 
 
6.21
0.4
6.24
0.5
6.33
0.6
5.73
0.6
December
 
 
6.10
0.5
6.14
0.4
6.27
0.5
5.75
0.6
Annual Average
 
 
6.34
0.4
6.41
0.5
5.87
0.6
5.84
0.7
 
 
2003
2002
2001
2000
1999
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
5.92
0.6
7.00
0.8
7.03
0.9
8.21
1.0
6.79
0.9
February
5.84
0.6
6.89
0.7
7.05
1.0
8.33
1.0
6.81
1.0
March
5.75
0.6
7.01
0.7
6.95
0.9
8.24
1.0
7.04
0.9
April
5.81
0.6
6.99
0.7
7.08
0.9
8.15
1.0
6.92
1.0
May
5.48
0.6
6.81
0.7
7.15
1.0
8.52
1.0
7.15
1.0
June
5.23
0.6
6.65
0.6
7.16
1.0
8.29
0.9
7.55
1.0
July
5.63
0.5
6.49
0.6
7.13
0.9
8.15
0.9
7.63
1.0
August
6.26
0.7
6.29
0.6
6.95
0.9
8.03
1.0
7.94
1.0
September
6.15
0.6
6.09
0.6
6.82
0.9
7.91
1.0
7.82
1.0
October
5.95
0.6
6.11
0.6
6.62
0.9
7.80
1.0
7.85
1.0
November
5.93
0.6
6.07
0.6
6.66
0.8
7.75
0.9
7.74
1.0
December
5.88
0.7
6.05
0.6
7.07
0.8
7.38
1.0
7.91
1.0
Annual Average
5.83
0.6
6.54
0.6
6.97
0.9
8.05
1.0
7.44
1.0
 
 
1998
1997
1996
1995
1994
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
6.99
1.4
7.82
1.8
7.03
1.8
9.15
1.8
7.07
1.7
February
7.04
1.2
7.65
1.7
7.08
1.7
8.83
1.9
7.15
1.8
March
7.13
1.2
7.90
1.8
7.62
1.8
8.46
1.8
7.68
1.7
April
7.14
1.0
8.14
1.7
7.93
1.8
8.32
1.9
8.32
1.8
May
7.14
1.1
7.94
1.7
8.07
1.7
7.96
1.8
8.60
1.8
June
7.00
1.0
7.69
1.7
8.32
1.7
7.57
1.8
8.40
1.8
July
6.95
1.1
7.50
1.8
8.25
1.8
7.61
1.8
8.61
1.8
August
6.92
1.1
7.48
1.7
8.00
1.7
7.86
1.8
8.51
1.8
September
6.72
1.0
7.43
1.7
8.23
1.7
7.64
1.8
8.64
1.8
October
6.71
0.9
7.29
1.7
7.92
1.7
7.48
1.9
8.93
1.8
November
6.87
0.9
7.21
1.7
7.62
1.8
7.38
1.8
9.17
1.8
December
6.74
1.0
7.10
1.8
7.60
1.7
7.20
1.8
9.20
1.8
Annual Average
6.94
1.1
7.6
1.7
7.81
1.7
7.93
1.8
8.38
1.8
 
 
1993
1992
1991
1990
1989
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
7.99
1.6
8.43
1.8
9.64
2.1
9.90
2.1
10.73
2.1
February
7.68
1.5
8.76
1.8
9.37
2.0
10.20
2.1
10.65
2.2
March
7.50
1.6
8.94
1.9
9.50
2.1
10.27
2.1
11.03
2.2
April
7.46
1.7
8.85
1.7
9.50
2.0
10.37
2.1
11.05
2.2
May
7.47
1.8
8.67
1.7
9.47
2.0
10.48
2.0
10.77
2.1
June
7.42
1.6
8.51
1.7
9.62
2.1
10.16
2.0
10.20
2.1
July
7.21
1.6
8.13
1.6
9.58
2.0
10.04
2.0
9.88
2.1
August
7.11
1.5
7.98
1.7
9.24
1.9
10.10
2.0
9.99
2.1
September
6.91
1.5
7.92
1.7
9.01
1.9
10.18
2.1
10.13
2.0
October
6.83
1.5
8.09
1.8
8.86
1.9
10.17
2.2
9.95
2.0
November
7.16
1.6
8.31
1.9
8.71
1.8
10.01
2.1
9.77
2.0
December
7.17
1.7
8.21
1.6
8.50
1.8
9.67
1.9
9.74
2.0
Annual Average
7.31
1.6
8.39
1.7
9.25
2.0
10.13
2.1
10.32
2.1
 
 
1988
1987
1986
1985
1984
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
10.38
2.0
9.20
2.2
10.89
2.3
13.08
2.5
13.37
2.3
February
9.89
2.1
9.08
2.1
10.71
2.3
12.92
2.4
13.23
2.4
March
9.93
2.0
9.04
2.1
10.08
2.3
13.17
2.6
13.39
2.4
April
10.20
2.1
9.83
2.3
9.94
2.2
13.20
2.6
13.65
2.4
May
10.46
2.1
10.60
2.3
10.15
2.3
12.91
2.5
13.94
2.5
June
10.46
2.0
10.54
2.2
10.69
2.3
12.22
2.5
14.42
2.5
July
10.43
2.0
10.28
2.2
10.51
2.2
12.03
2.5
14.67
2.6
August
10.60
2.2
10.33
2.1
10.20
2.1
12.19
2.6
14.47
2.6
September
10.48
2.1
10.89
2.2
10.01
2.2
12.19
2.6
14.35
2.6
October
10.30
1.9
11.26
2.2
9.98
2.1
12.14
2.5
14.13
2.6
November
10.27
2.1
10.65
2.1
9.70
2.0
11.78
2.4
13.64
2.5
December
10.61
2.1
10.64
2.1
9.32
2.1
11.20
2.3
13.18
2.5
Annual Average
10.34
2.1
10.21
2.2
10.19
2.2
12.43
2.5
13.88
2.5
 
 
1983
1982
1981
1980
1979
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
13.25
2.2
17.48
2.2
14.90
2.0
12.88
1.6
10.39
1.5
February
13.04
2.0
17.60
2.2
15.13
2.0
13.04
1.6
10.41
1.5
March
12.80
2.2
17.16
2.2
15.40
2.0
15.28
2.0
10.43
1.5
April
12.78
2.1
16.89
2.3
15.58
2.0
16.32
1.9
10.50
1.5
May
12.63
2.1
16.68
2.3
16.40
2.1
14.26
1.9
10.69
1.6
June
12.87
2.1
16.70
2.2
16.70
2.1
12.71
1.8
11.04
1.6
July
13.43
2.2
16.82
2.2
16.83
2.1
12.19
1.8
11.09
1.7
August
13.81
2.2
16.27
2.3
17.28
2.1
12.56
1.7
11.09
1.7
September
13.73
2.2
15.43
2.3
18.16
2.1
13.20
1.7
11.30
1.6
October
13.54
2.1
14.61
2.2
18.45
2.3
13.79
1.7
11.64
1.7
November
13.44
2.1
13.82
2.2
17.82
2.1
14.21
1.7
12.83
1.7
December
13.42
2.2
13.62
2.2
16.95
2.1
14.79
1.7
12.90
1.6
Annual Average
13.24
2.1
16.04
2.2
16.63
2.1
13.74
1.8
11.20
1.6
 
 
1978
1977
1976
1975
1974
 
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
9.01
1.3
8.72
1.1
9.02
1.1
9.43
1.2
8.54
1.0
February
9.14
1.3
8.67
1.1
8.81
1.0
9.10
1.2
8.46
1.0
March
9.20
1.3
8.69
1.2
8.76
1.3
8.89
1.1
8.41
1.0
April
9.35
1.3
8.75
1.1
8.73
1.3
8.82
1.0
8.58
1.0
May
9.57
1.3
8.83
1.1
8.76
1.3
8.91
1.1
8.97
1.1
June
9.71
1.4
8.86
1.1
8.85
1.3
8.89
1.0
9.09
1.2
July
9.74
1.4
8.94
1.1
8.93
1.2
8.89
1.1
9.28
1.3
August
9.78
1.3
8.94
1.1
9.00
1.2
8.94
1.1
9.59
1.3
September
9.76
1.3
8.90
1.1
8.98
1.2
9.12
1.1
9.96
1.4
October
9.86
1.2
8.92
1.2
8.92
1.2
9.22
1.1
9.98
1.5
November
10.11
1.2
8.92
1.1
8.81
1.3
9.15
1.1
9.79
1.4
December
10.35
1.4
8.96
1.2
8.79
1.2
9.10
1.1
9.62
1.3
Annual Average
9.64
1.3
8.85
1.1
8.87
1.2
9.05
1.1
9.19
1.2
 
 
1973
1972
1971
 
Rate
Pts
Rate
Pts
Rate
Pts
January
7.44
0.9
7.44
1.0
na
na
February
7.44
1.0
7.32
0.9
na
na
March
7.46
0.9
7.29
0.9
na
na
April
7.54
0.9
7.29
0.9
7.31
na
May
7.65
0.9
7.37
0.9
7.43
na
June
7.73
0.9
7.37
0.9
7.53
na
July
8.05
1.0
7.40
0.9