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30 Year Fixed Rate Mortgages Still Historically Low


Posted: October 17, 2018 by Mark Corner

Even though we have seen 30 year fixed rate mortgages climb a little higher each quarter in 2018, the rates are still at historic lows when you look at rates over the last 46 years.   Even at a 5% 30 year fixed rate mortgage, this still gives buyers more buying power than the 36 year period from 1972 to 2008.  Thanks to Brett Evertz from Opportunity Bank for this chart.

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