I recently came across an interesting infographics by loan.org about mortgage rate comparison past and present. I was shocked to see how high the rates were in the past. Many people only know that rates are low now but don’t know unless you compare with the past rates in order to appreciate the luxury we are experiencing. My friends parents still pay a historically high rates if they never refinanced their home compared to my new home loan rate.

BTW, I wouldn’t be able to afford this big house if its for the low mortgage rates and that’s the case with many home buyers today. They were able to afford more home for the same monthly amount due low rates. By looking at the infographics you will surely appreciate it. Check it out below:


Click here for the loan.org article.

About Vijaianand Thirnageswaram

I am a Proud Realtor of Texas, trying to guide and help clients to find their dream home and educate them to buy them for right price. I am also a Candidate for CFP who has more financial knowledge which allows me share and educate clients in any financial decision making process.

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