The Mortgage Rate in America Every Year Since 1972

Special Report

April 3, 2022 9:00 am

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1977
> Avg. 30-year fixed mortgage rate: 8.85%
> Avg. inflation-adjusted monthly mortgage payment: $1,659
> Avg. inflation-adjusted home sale price: $253,753
> Homeownership rate: 64.80%

Source: cabhc / Flickr

1978
> Avg. 30-year fixed mortgage rate: 9.64%
> Avg. inflation-adjusted monthly mortgage payment: $1,938
> Avg. inflation-adjusted home sale price: $271,967
> Homeownership rate: 64.95%

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1979
> Avg. 30-year fixed mortgage rate: 11.20%
> Avg. inflation-adjusted monthly mortgage payment: $2,326
> Avg. inflation-adjusted home sale price: $280,590
> Homeownership rate: 65.55%

Source: Tom Kelley Archive / Retrofile RF via Getty Images

1980
> Avg. 30-year fixed mortgage rate: 13.74%
> Avg. inflation-adjusted monthly mortgage payment: $2,681
> Avg. inflation-adjusted home sale price: $263,057
> Homeownership rate: 65.58%

Old School House 1981 (CC BY-SA 2.0) by Keith Burley

1981
> Avg. 30-year fixed mortgage rate: 16.63%
> Avg. inflation-adjusted monthly mortgage payment: $3,203
> Avg. inflation-adjusted home sale price: $259,059
> Homeownership rate: 65.43%

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