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Interest Rates for Residential Loans from 1976 - 2008
Year Rate Year Rate
1976-77 8.50% 1994-95 8.34%
1978-79 9.00% 1996-97 8.50%
1980-81 12.25% 1998-99 7.30%
1982-83 15.25% 2000-01 7.69%
1984-85 13.00% 2002-03 6.31%
1986-87 10.26% 2004-05 5.98%
1988-89 10.45% 2006-07 6.53%
1990-91 9.77% 2008 6.44%
1992-93 7.95%
Interest Rates for Home loans for the past 32 years has averaged 9.03%.
Interest rates are near historic lows.
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
September 13, 2008 |
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Antman, Antman September 26, 2008 4:18 pm
thanks for pointing this out