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Historic Mortgage Rates by Decade

Historic mortgage interest rates by decade

Being involved in the real estate market daily in Las Vegas, Summerlin, and Henderson I have to stay in tune with mortgage interest rates to better answer my clients questions. It is funny that in todays market I find buyers that are frustrated with interest rates that are hovering right around the 4% mark. I have to constantly remind them that todays mortgage interest rates remain near the lowest in history which makes a buyers buying power the strongest it has ever been. The federal reserve has stopped QE3 so it is expected that interest rates will continue to rise in 2015 at a steady pace.

 

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