Special Report
Every Year's Mortgage Rate Since 1972
October 5, 2022 12:00 pm
Last Updated: October 5, 2022 12:19 pm
Source: capcase / Flickr
1987
> Avg. 30-year fixed mortgage rate: 10.21%
> Avg. inflation-adjusted monthly mortgage payment: $2,399
> Avg. inflation-adjusted home sale price: $317,682
> Homeownership rate: 63.98%
1988
> Avg. 30-year fixed mortgage rate: 10.34%
> Avg. inflation-adjusted monthly mortgage payment: $2,537
> Avg. inflation-adjusted home sale price: $331,682
> Homeownership rate: 63.80%
1989
> Avg. 30-year fixed mortgage rate: 10.32%
> Avg. inflation-adjusted monthly mortgage payment: $2,600
> Avg. inflation-adjusted home sale price: $340,459
> Homeownership rate: 63.90%
Source: nlireland / Flickr
1990
> Avg. 30-year fixed mortgage rate: 10.13%
> Avg. inflation-adjusted monthly mortgage payment: $2,436
> Avg. inflation-adjusted home sale price: $325,177
> Homeownership rate: 63.95%
Source: nlireland / Flickr
1991
> Avg. 30-year fixed mortgage rate: 9.25%
> Avg. inflation-adjusted monthly mortgage payment: $2,096
> Avg. inflation-adjusted home sale price: $306,630
> Homeownership rate: 64.05%
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