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1980 Home Loan Interest Rates


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1980 Home Loan Interest Rates. Think mortgage rates are high now? Understanding the history can help you evaluate current rates.

Are home loan interest rates really low? Wealth Foundations
Are home loan interest rates really low? Wealth Foundations from wealthfoundations.com.au

For much of the year, rates even soared above 15%. Back in the early 1980s, high interest rates had a negative effect on the housing market. Think mortgage rates are high now?

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Are home loan interest rates really low? Wealth Foundations

The average home price in 1980 was around $62,500. View a chart of the 30 year fixed mortgage rate history for 1980. Home buying in the 80s was a different ball game compared to today. Connie strait remembers when she was starting her career in real estate in the early 1980s and buyers were contending with rates three times higher.

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