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30 year fixed mortgage rate trends

Posted July 31, 2007 by MortgageGuide202.com

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Mortgage rate trends show that we are still in a historically low period of time for 30 year fixed interest rates. Despite the fact that rates have recently trended upward, it is still a significantly good time to secure a loan. The mortgage rate chart below shows us that the market is still friendly to those looking to refinance or purchase.

Mortgage Rate Trends - Historical Chart 2007 2006 2005 2004 2003 2002 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 6.35 .4 6.41 .5 5.87 .6 5.84 .6 5.83 .6 6.54 .6             2001 2000 1999 1998 1997 1996 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 6.97 .9 8.05 1.0 7.44 1.0 6.94 1.1 7.6 1.7 7.81 1.7                         1995 1994 1993 1992 1991 1990 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 7.93 1.8 8.38 1.8 7.31 1.6 8.39 1.7 9.25 2.0 10.13 2.1             1989 1988 1987 1986 1985 1984 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 10.32 2.1 10.34 2.1 10.21 2.2 10.19 2.2 12.43 2.5 13.88 2.5             1983 1982 1981 1980 1979 1978 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 13.24 2.1 16.04 2.2 16.63 2.1 13.74 1.8 11.2 1.6 9.64 1.3             1977 1976 1975 1974 1973 1972 Rate Points Rate Points Rate Points Rate Points Rate Points Rate Points 8.85 1.1 8.87 1.2 9.05 1.1 9.19 1.2 8.04 .1.0 7.38 .9

Mortgage rate trends data taken from FreddieMac.com and is current through July 2007.