Interest Rates

[DJP]

5.125 on a 5 year ARM in 2005
No origination costs.

[Maggie Glover]

Historical-30-Year-Mortgage-Rates-Chart-1971-to-July-2022.png

[Remy]

If interest rates go back to historical averages the economy will collapse. The economy of the last 20-30 years has been built on the availability of cheap credit, not by growing jobs and wages.

[Hogg]

If interest rates go back to historical averages the economy will collapse. The economy of the last 20-30 years has been built on the availability of cheap credit, not by growing jobs and wages.

Don't you think your second sentence points out the recklessness of our financial policy over the past 20 years or so?

[scatter shot]

1990- 10% but was able to assume an 8% from the seller.

[Carolina Counsel]

2003-6.25% (0.5 orig)

[CofC Waterfowler]

June 2022. 5.4

[billbuster84]

2009- 1.9% 30 yr fixed
2016- 2.5% 30 yr fixed
2020- 4.8% construction loan
2021- refi 2.9% 20 yr fixed


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[ducribb]

2016- 3.75% 30 year fixed
2021- 2.10% 15 year fixed (refi)

[mhogancu]

2008 6.5%
2012 3.75%
2016 4.25%
2021 2.85%

[dfasano]

2021 construction to permanent 3.25%

[darealdeal]

At a 3.5 when we did ours after our construction loan. That was 2 1/2 years ago.

[Jozie & Me]

2000 - 6.25%

it will be paid off in less than 5

[jwterry3]

2002 - 6.5%
Currently -2.625

[FishSticker]

97'....6.375

[Cwaysvt]

2013 at 3.1%

[Remy]

Don't you think your second sentence points out the recklessness of our financial policy over the past 20 years or so?

I think it was more of decisions made by corporate leadership to sell more products. The overall economy wouldn’t have grown nearly as much without people being able to finance a lot of items.

[Beachbird]

first home 2007 @ 5.875%
current home 2021 @ 2.99%

[Palmetto Bug]

Very early 80's at 13%.

[CantCareSB]

2017 - 3.8 for a 30yr
2022 - 4.25 for a self build construction loan - 30yr