Wednesday 19 December 2012

30 Year Mortgage Rates

30 Year Mortgage Rates

Mortgage Rate Watching" seems to be a growing sport. The media reports every rate hike, no matter how insignificant. People loudly proclaim, "Rates are rising!", "Get out of your ARM now!", "Buy now before rates go up AGAIN!"But let's put current mortgage rates in perspective.  has been gathering data on the 30 year fixed rate since 1971. The 30 year fixed rate is generally considered the "standard" that other loan types are measured against. Being a former engineering type, I love to look at data. I'm a chartaholic. So I was compelled to chart the 30 year fixed mortgage rate over time. Below is the chart. And yes, recently rates have risen. But compared to historic levels, rates are still remarkably low. You are free to use it, all I ask is for appropriate credit to PhoenixRealEstateGuy.com (my blog) be provided.We are a dedicated group of agents here to make your real estate buying or selling experience enjoyable.Our clients mean everything to us, and we'd be happy to help you.

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

30 Year Mortgage Rates

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