Special Report

The Mortgage Rate in America Every Year Since 1972

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1972
> Avg. 30-year fixed mortgage rate: 7.38%
> Avg. inflation-adjusted monthly mortgage payment: $1,127
> Avg. inflation-adjusted home sale price: $207,018
> Homeownership rate: 64.38%

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1973
> Avg. 30-year fixed mortgage rate: 8.04%
> Avg. inflation-adjusted monthly mortgage payment: $1,346
> Avg. inflation-adjusted home sale price: $226,845
> Homeownership rate: 64.53%

1974
> Avg. 30-year fixed mortgage rate: 9.19%
> Avg. inflation-adjusted monthly mortgage payment: $1,520
> Avg. inflation-adjusted home sale price: $223,865
> Homeownership rate: 64.65%

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1975
> Avg. 30-year fixed mortgage rate: 9.05%
> Avg. inflation-adjusted monthly mortgage payment: $1,502
> Avg. inflation-adjusted home sale price: $224,652
> Homeownership rate: 64.60%

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1976
> Avg. 30-year fixed mortgage rate: 8.87%
> Avg. inflation-adjusted monthly mortgage payment: $1,568
> Avg. inflation-adjusted home sale price: $239,339
> Homeownership rate: 64.73%