Special Report
Every Year's Mortgage Rate Since 1972
October 5, 2022 12:00 pm
Last Updated: October 5, 2022 12:19 pm
1997
> Avg. 30-year fixed mortgage rate: 7.60%
> Avg. inflation-adjusted monthly mortgage payment: $1,747
> Avg. inflation-adjusted home sale price: $311,469
> Homeownership rate: 65.70%
1998
> Avg. 30-year fixed mortgage rate: 6.94%
> Avg. inflation-adjusted monthly mortgage payment: $1,621
> Avg. inflation-adjusted home sale price: $316,613
> Homeownership rate: 66.28%
1999
> Avg. 30-year fixed mortgage rate: 7.44%
> Avg. inflation-adjusted monthly mortgage payment: $1,829
> Avg. inflation-adjusted home sale price: $333,102
> Homeownership rate: 66.80%
Source: zetter / iStock via Getty Images
2000
> Avg. 30-year fixed mortgage rate: 8.05%
> Avg. inflation-adjusted monthly mortgage payment: $2,027
> Avg. inflation-adjusted home sale price: $341,052
> Homeownership rate: 67.38%
Source: THEPALMER / iStock via Getty Images
2001
> Avg. 30-year fixed mortgage rate: 6.97%
> Avg. inflation-adjusted monthly mortgage payment: $1,756
> Avg. inflation-adjusted home sale price: $341,549
> Homeownership rate: 67.83%
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