Mortgage Rate remain low, historically

Recently, I’ve been hearing some fretting amongst home buyers about interest rates heading into the 5’s.   It’s been a few years since rates have gone above 5% so many may not know how good they have it.  The graph belows shows rates for a 30-year fixed mortgage over the past 20 years.

Even if the rates move into the 5’s this year, it’ll remain among the lowest rates available in decades.

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