Its hard to believe but 2009 is almost half over. So, just out of curiosity I took a look at how interest rates have done for the first half of this year. What becomes apparent as you review these charts is that rates fell for a great portion of the year but have been on an upswing of sorts recently. Of course no one knows what will happen in the future but it is important to remember that mortgage interest rates remain at historically low levels.
Data source: Freddie Mac Weekly Primary Mortgage Market Survey
Home Mortgage Interest Rates
Looking Back at 30 Year Mortgage Rates
Interest Rates to Stay Low for “Extended Period”
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on Nov 18th, 2009 at 8:05 pm
[...] has been a while since I last provided an interest rate chart on this blog. Plus I was curious to see what the graph would look like. I knew rates were lower [...]