We forget how high they were in the past. I believe the increase will not affect those who want to be homeowners, it's still better than renting.
Sources: Bankrate, Freddie Mac Year 30-year fixed-rate average
2021 3.15% 2020 3.38% 2019 4.13% 2018 4.70% 2017 4.14% 2016 3.79% 2015 3.99% 2014 4.31% 2013 4.16% 2012 3.88% 2011 4.65% 2010 4.86% 2009 5.38% 2008 6.23% 2007 6.40% 2006 6.47% 2005 5.93% 2004 5.88% 2003 5.89% 2002 6.57% 2001 7.01% 2000 8.08% 1999 7.46% 1998 6.91% 1997 7.57% 1996 7.76% 1995 7.86% 1994 8.28% 1993 7.17% 1992 8.27% 1991 9.09% 1990 9.97% 1989 10.25% 1988 10.38% 1987 10.40% 1986 10.39% 1985 12.43% 1984 13.88% 1983 13.24% 1982 16.04% 1981 16.64% 1980 13.74% 1979 11.20% 1978 9.64% 1977 8.85% 1976 8.87% 1975 9.05% 1974 9.19% 1973 8.04% 1972 7.38% |