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Interest Rates Chart Since 1971 | Christy Buck Team

Mortgage Interest Rates Average Since 1971

The average interest rate since 1971 is 7.76 for a 30 year mortgage. As some people hesitate on buying or selling homes right now, you have to remember this rate is normal!

The market is constantly changing and you feel that waiting for rates to drop is the right thing to do…. however home values will never go down!

If you are in this debate…. you may want to keep in mind that you can always refinance if rates happen to drop in the future!

Don’t pass up on your dream home because you think rates are too high! Now is the time to purchase a home!

Contact us at 832-264-8934 or if you are ready to move forward on buying or selling!

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Our agents write often to give you the latest insights on owning a home or property in the local area.