Lets Take A Look At A Historical View Of Interest Rates Over The Last 45 Years

Lets Take A Look At A Historical View Of Interest Rates Over The Last 45 Years


Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate! | MyKCM

Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year.

The rate you secure greatly impacts your monthly mortgage payment and the amount you will ultimately pay for your home. Don’t let the prediction that rates will increase stop you from purchasing your dream home this year.

Let’s take a look at a historical view of interest rates over the last 45 years.

 

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate! | MyKCM

Bottom Line

Be thankful that you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents 

Addition Information Linck https://goo.gl/5boe51 


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Phone: 703-999-8707
Dated: March 28th 2018
Views: 155
About Jeffrey: Jeff Lubell - Cell Phone 703-999-8707 Jeff is Licensed in Virginia Remax Premier 5 Offices Servi...

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