Debates about the future of our national economy have always involved many different viewpoints and opinions. Economic advisors and experts build their opinions on a variety of factors, and it is interesting to read their diverse projections. One thing they cannot debate is the fact that our nation has had a decade of low interest rates.
If you purchased a home in the 80’s it likely included a double-digit mortgage interest rate. According to an article on ValuePenguin.com “over the past 48 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012.” You can read the complete article including historical graphs here:
Notary Near You, strives to stay abreast of industry changes as we search for ways to better serve our customers.
Real Estate professionals understand the importance of staying ahead of the curve regarding buying trends, interest rates, and other key topics that impact the buyers and sellers’ we serve.
The entire team at Notary Near You, strives to stay abreast of industry changes as we search for ways to better serve our customers. With the variety of real estate predictions, available from a vast array of sources, we carefully choose what information we bring forward.