Mortgage Rates by Decade
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.
If you need a home loan or want to refinance your current loan, I'd love to help. Contact me to learn about our great home financing opportunities. Michelle Paxton Sr. Loan Officer
Guild Mortgage Company C: 408-891-0090 F: 925-265-0202 E: mpaxton@guildmortgage.net
