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Historic Mortgage Rates

Mortgage interest rates have been all over the board in the past 40 years. 
Fortunately, we are living and borrowing in a time that have low rates compared to what we have seen a few short decades ago. Looking at the chart below can you imagine purchasing a $200,000 home in October of 1981 and paying 18.63% interest for a whopping $3,177 in principal and interest on your loan!

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John Brady

Broker Associate

Telephone

(720) 281-1716

Email

Jbradx@comcast.net
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