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Updated over 2 years ago,

User Stats

79
Posts
134
Votes
Billy Zhao
134
Votes |
79
Posts

Historical 30-year-fixed Mortgage View Against Federal Funds Rate

Billy Zhao
Posted

Take a look at this graph. Yes, the rate is >6% now and the 2-3% days are over. But we are still at a historical low right now. Even before the "Great Recession" of 2007-2009, the rate is still above 5.5-6.5%. How did people make money in all those years when mortgage rates are much higher than it is now? Your thoughts?

30-year-fixed Mortgage Rate vs Federal Funds Rate

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