Mortgage Rates By Decade Compared To Today INFOGRAPHIC

Dated: 10/09/2016

Views: 175

Image title

Some Highlights:

  • The interest rate you secure for your mortgage greatly influences your monthly housing costs.

  • In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.

  • Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage.

Latest Blog Posts

Home Buying Myths Slayed

Team Nest Builder wants YOU to know the truths about buying a New Jersey home!Some Highlights:The average down payment for first-time homebuyers is only 6%!Despite mortgage interest rates being over

Read More

Celebrate Healthy Kids Day April 21 At Sussex County YMCA

What better way to kick off a healthy summer than a full day of FREE fun for everyone at the Sussex County YMCA? Team Nest Builder wants YOU to join in the fun this Saturday, April 21st from noon,

Read More

Buy A Home NOW To Build Your Family Wealth

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation.

Read More

Now Is The Time To Buy Your NJ Luxury Home

House no longer fits your needs? Planning on buying a New Jersey luxury home? Now is the time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which

Read More