The history of mortgage rates is a fascinating journey through economic cycles, government policies, and societal shifts. From the early 20th century, rates were relatively low, fueled by post-war prosperity and a demand for housing. However trend changed dramatically in the major Depression of the 1930s, when rates soared as a result of economic u

Examining historical mortgage rates provides valuable insight into the fluctuating nature of the housing market. Throughout history, interest rates have risen and fallen in response to a variety of economic factors. Reviewing these trends can help potential homeowners understand the broader context of current mortgage rates and make more informed f