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  1. Nov 22, 2023 · What's the Lowest Mortgage Rate in History? The average 30-year fixed mortgage rate reached an all-time record low of 2.65% in January 2021, according to Freddie Mac.

  2. May 22, 2024 · Historical rate chart. Average rates by year. Can rates go lower? Historical perspective. What affects your rate. Other mortgage costs. Mortgage rates chart for 2022 and 2023. Mortgage...

  3. Apr 8, 2024 · 2020 saw new lows for mortgage rates, with the 30-year fixed rate diving to just under 3 percent, according to Bankrate data, and averaging 3.38 percent for the year.

  4. Apr 18, 2024 · What were the lowest mortgage rates in history? The lowest historical mortgage rate ever for 30-year fixed-rate mortgages was not all that long ago. In January 2021, due largely to the effects of the COVID-19 pandemic, mortgage rates sank to an all-time low of 2.65%, according to Freddie Mac.

  5. Dec 29, 2022 · Mortgage rates dropped to a record low of 3.35% in November 2012. To put it into perspective, the monthly payment for a $100,000 loan at the historical peak rate of 18.45% in 1981 was $1,544, compared to $441 at a much lower rate of 3.35% in 2012. For the remainder of the decade, rates stayed in the 3.45% to 4.87% range. 2020s.

  6. Sep 19, 2023 · Thirty-year fixed mortgage rates started the decade in the mid-7% range and grew steadily, peaking at the end of 1979 at 12.90%. 1980s. Stagflation—the term for low growth and elevated...

  7. Dec 29, 2022 · Mortgage rates started high at the beginning of the 1970s, around 7.3%, according to Freddie Mac’s historical data. Plagued by high inflation and the costly economic impact of the Vietnam War,...

  8. Dec 11, 2023 · Find your lowest mortgage rate here. History of the 30-year fixed-rate mortgage. Rates for the 30-year mortgage have fluctuated significantly over the past 50 years. With mortgage rates...

  9. Jan 17, 2024 · At the same time three years prior, the average 30-year mortgage rate was under 3.00%, its lowest point in 50 years. Borrowers today are grappling with some of the highest mortgage rates...

  10. Jun 13, 2021 · Updated June 13, 2021. Recently, homebuyers have enjoyed historically low mortgage rates. Although this dip in mortgage rates is helpful to potential homebuyers, historical mortgage rates have affected the real estate market for decades. Historical mortgage rates have made their mark on homebuyer's budgets.

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