![Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | Keeping Current Matters](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_s0XO3ySCy9PhDPlv76ore_E_tHagQfP5vCtjgxfRE6tf9YnmmPnT37WqAo9C4Zj21WCbt1FL7BVQ=s0-d)
Some Highlights:
- The interest rate you secure for your mortgage greatly influences your monthly housing costs.
- In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.
- Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage.
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Robbie English, Broker, Realtor®, CRB, GRI, PSA, RENE • Dewey Blanton Real Estate • 512-910-HOME - mobile • soldbyrobbie@gmail.com
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