Taking a trip down memory lane, we find that mortgage rates have been on a wild ride throughout history. Early, interest rates were generally low. This trend changed in the late 20th century, reaching peak levels during periods of economic turmoil. Fast forward to today, and we see rates swinging once again, driven by a complex interplay of global

Examining past mortgage rates provides valuable insight into the dynamic nature of the housing market. Throughout history, interest rates have climbed and decreased in response to a variety of financial factors. Reviewing these trends can help borrowers understand the broader context of current mortgage rates and make more savvy financial decisions