How Mortgage Rates Have Changed Since 1972

Today, economic uncertainty and inflation are behind rising mortgage rates. As of May 2022, the 30-year fixed mortgage rate sits at 5.25% while the average 15-year fixed mortgage rate is 4.43%.

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So, what were they like 5 to 10 years ago? Keep reading to see how mortgage rates have changed since the early ’70s.

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Mortgage Rates Since 1972

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1970s

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1980s

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1990s

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