-->

1980 Home Mortgage Rates


-->

1980 Home Mortgage Rates. In 1981, mortgage rates soared to 16.64%, declining to 10.25% by the end of the decade. The average home price in 1980 was around $62,500.

Historical 30Year FixedRate Mortgage Trends With Charts
Historical 30Year FixedRate Mortgage Trends With Charts from www.sofi.com

View a chart of the 30 year fixed mortgage rate history for 1980. Many buyers opted to wait until rates stabilized, while those who bought faced high monthly payments. Today’s home market echoes the 1980s for many — fueled by the pandemic recovery efforts, 2024 buyers are grappling with surging home prices and the highest interest rates in over two decades.

-->

Historical 30Year FixedRate Mortgage Trends With Charts

Discover the real cost to buy a home in 1980, including prices, mortgage rates, and lessons for today’s buyers. In 1981, mortgage rates soared to 16.64%, declining to 10.25% by the end of the decade. Home buying in the 80s was a different ball game compared to today. The average home price in 1980 was around $62,500.

-->