Arlington TX Real Estate
Advice about Residential Real Estate in Arlington TX
History of interest rates

Someone was asking me about mortgage rates this morning. It depends on how good your credit is and what type of loan you are applying for. I did find a website that gave a history of interest rates from Freddie Mac (one of the semi government agencies that help provide mortgage companies money for loan to the public)

2007
2006
2005
2004
2003
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January 6.22 0.4 6.15 0.5 5.71 0.7 5.71 0.7 5.92 0.6
February 6.29 0.4 6.25 0.6 5.63 0.7 5.64 0.7 5.84 0.6
March 6.16 0.4 6.32 0.6 5.93
 0.7
 5.45
 0.7
 5.75 0.6
April 6.18 0.5 6.51 0.6 5.86 0.6 5.83 0.7 5.81 0.6
May 6.26 0.4 6.60 0.5 5.72 0.6 6.27 0.7 5.48 0.6
June 6.66 0.4 6.68 0.5 5.58 0.6 6.29 0.6 5.23 0.6
July 6.76 0.5 5.70 0.5 6.06 0.6 5.63 0.5
August 6.52 0.4 5.82 0.5 5.87 0.7 6.26 0.7
September 6.40 0.5 5.77 0.6 5.75 0.7 6.15 0.6
October 6.36 0.4 6.07 0.5 5.72 0.7 5.95
 0.6
November 6.24 0.5 6.33 0.6 5.73 0.6 5.93 0.6
December 6.14 0.4 6.27 0.5 5.75 0.6 5.88 0.7
Annual Average 6.41 0.5 5.87 0.6 5.84 0.7 5.83 0.6

2002
2001
2000
1999
1998
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January 7.00 0.8 7.03 0.9 8.21 1.0
6.79
0.9
6.99
1.4
February 6.89 0.7 7.05 1.0 8.33 1.0
6.81
1.0
7.04
1.2
March 7.01 0.7 6.95 0.9 8.24 1.0
7.04
0.9
7.13
1.2
April 6.99 0.7 7.08 0.9 8.15 1.0
6.92
1.0
7.14
1.0
May 6.81 0.7 7.15 1.0 8.52 1.0
7.15
1.0
7.14
1.1
June 6.65 0.6 7.16 1.0 8.29 0.9
7.55
1.0
7.00
1.0
July 6.49 0.6 7.13 0.9 8.15 0.9
7.63
1.0
6.95
1.1
August 6.29 0.6 6.95 0.9 8.03 1.0
7.94
1.0
6.92
1.1
September 6.09 0.6 6.82 0.9 7.91 1.0
7.82
1.0
6.72
1.0
October 6.11 0.6 6.62 0.9 7.80 1.0 7.85 1.0
6.71
0.9
November 6.07 0.6 6.66 0.8 7.75 0.9 7.74 1.0
6.87
0.9
December 6.05 0.6 7.07 0.8 7.38 1.0 7.91 1.0
6.74
1.0
Annual Average 6.54 0.6 6.97 0.9 8.05 1.0
7.44
1.0
6.94
1.1

1997
1996
1995
1994
1993
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
7.82
1.8
7.03
1.8
9.15
1.8
7.07
1.7
7.99
1.6
February
7.65
1.7
7.08
1.7
8.83
1.9
7.15
1.8
7.68
1.5
March
7.90
1.8
7.62
1.8
8.46
1.8
7.68
1.7
7.50
1.6
April
8.14
1.7
7.93
1.8
8.32
1.9
8.32
1.8
7.46
1.7
May
7.94
1.7
8.07
1.7
7.96
1.8
8.60
1.8
7.47
1.8
June
7.69
1.7
8.32
1.7
7.57
1.8
8.40
1.8
7.42
1.6
July
7.50
1.8
8.25
1.8
7.61
1.8
8.61
1.8
7.21
1.6
August
7.48
1.7
8.00
1.7
7.86
1.8
8.51
1.8
7.11
1.5
September
7.43
1.7
8.23
1.7
7.64
1.8
8.64
1.8
6.91
1.5
October
7.29
1.7
7.92
1.7
7.48
1.9
8.93
1.8
6.83
1.5
November
7.21
1.7
7.62
1.8
7.38
1.8
9.17
1.8
7.16
1.6
December
7.10
1.8
7.60
1.7
7.20
1.8
9.20
1.8
7.17
1.7
Annual Average
7.6
1.7
7.81
1.7
7.93
1.8
8.38
1.8
7.31
1.6

1992
1991
1990
1989
1988
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
Rate
Pts
January
8.43
1.8
9.64
2.1
9.90
2.1
10.73
2.1
10.38
2.0
February
8.76
1.8
9.37
2.0
10.20
2.1
10.65
2.2
9.89
2.1
March
8.94
1.9
9.50
2.1
10.27
2.1
11.03
2.2
9.93
2.0
April
8.85
1.7
9.50
2.0
10.37
2.1
11.05
2.2
10.20
2.1
May
8.67
1.7
9.47
2.0
10.48
2.0
10.77
2.1
10.46
2.1
June
8.51
1.7
9.62
2.1
10.16
2.0
10.20
2.1
10.46
2.0
July
8.13
1.6
9.58
2.0
10.04
2.0
9.88
2.1
10.43
2.0
August
7.98
1.7
9.24
1.9
10.10
2.0
9.99
2.1
10.60
2.2
September
7.92
1.7
9.01
1.9
10.18
2.1
10.13
2.0
10.48
2.1
October
8.09
1.8
8.86
1.9
10.17
2.2
9.95
2.0
10.30
1.9
November
8.31
1.9
8.71
1.8
10.01
2.1
9.77
2.0
10.27
2.1
December
8.21
1.6
8.50
1.8
9.67
1.9
9.74
2.0
10.61
2.1
Annual Average
8.39
1.7
9.25
2.0
10.13
2.1
10.32
2.1
10.34
2.1

1987
 1986 1985 1984 1983
Rate
Pts
Rate Pts Rate Pts Rate Pts Rate Pts
January
9.20
2.2
10.89
2.3
13.08 2.5 13.37 2.3 13.25 2.2
February
9.08
2.1
10.71
2.3
12.92 2.4 13.23 2.4 13.04 2.0
March
9.04
2.1
10.08
2.3
13.17 2.6 13.39 2.4 12.80 2.2
April
9.83
2.3
9.94
2.2
13.20 2.6 13.65 2.4 12.78 2.1
May
10.60
2.3
10.15
2.3
12.91 2.5 13.94 2.5 12.63 2.1
June
10.54
2.2
10.69
2.3
12.22 2.5 14.42 2.5 12.87 2.1
July
10.28
2.2
10.51
2.2
12.03 2.5 14.67 2.6 13.43 2.2
August
10.33
2.1
10.20
2.1
12.19 2.6 14.47 2.6 13.81 2.2
September
10.89
2.2
10.01
2.2
12.19 2.6 14.35 2.6 13.73 2.2
October
11.26
2.2
9.98
2.1
12.14 2.5 14.13 2.6 13.54 2.1
November
10.65
2.1
9.70
2.0
11.78 2.4 13.64 2.5 13.44 2.1
December
10.64
2.1
9.32
2.1
11.20 2.3 13.18 2.5 13.42 2.2
Annual Average
10.21
2.2
10.19
2.2
12.43 2.5 13.88 2.5 13.24 2.1

1982 1981 1980 1979 1978
Rate Pts Rate Pts Rate Pts Rate Pts Rate Pts
January 17.48 2.2 14.90 2.0 12.88 1.6 10.39 1.5 9.01 1.3
February 17.60 2.2 15.13 2.0 13.04 1.6 10.41 1.5 9.14 1.3
March 17.16 2.2 15.40 2.0 15.28 2.0 10.43 1.5 9.20 1.3
April 16.89 2.3 15.58 2.0 16.32 1.9 10.50 1.5 9.35 1.3
May 16.68 2.3 16.40 2.1 14.26 1.9 10.69 1.6 9.57 1.3
June 16.70 2.2 16.70 2.1 12.71 1.8 11.04 1.6 9.71 1.4
July 16.82 2.2 16.83 2.1 12.19 1.8 11.09 1.7 9.74 1.4
August 16.27 2.3 17.28 2.1 12.56 1.7 11.09 1.7 9.78 1.3
September 15.43 2.3 18.16 2.1 13.20 1.7 11.30 1.6 9.76 1.3
October 14.61 2.2 18.45 2.3 13.79 1.7 11.64 1.7 9.86 1.2
November 13.82 2.2 17.82 2.1 14.21 1.7 12.83 1.7 10.11 1.2
December 13.62 2.2 16.95 2.1 14.79 1.7 12.90 1.6 10.35 1.4
Annual Average 16.04 2.2 16.63 2.1 13.74 1.8 11.20 1.6 9.64 1.3

It is interesting to see how low our current rates are when compared to the recent history of where they have been.

2007-07-14 17:51:59 GMT