Historical Interest Rate Chart

August 2nd, 2013

rate chart

It seems the big discussion in the mortgage world lately has been about interest rates. I think it is important to put the discussion into some context, and what better context than to look at interest rates historically. The interest rate chart tells the whole story.

You can see that the average interest rate level in our country dating back over 40 years is quite high compared to current interest rates. The average interest rate is quite high compared to current rates even if they go up another 1%. The average interest rate is still higher when compared to current rates even if they go up another 2%.

You can look at the median rate, the average rate, or any kind of mathematical analysis you like when trying to make a comparison to current rates. It’s hard to find reason for alarm in the interest rate world. The reality is that current rates are nothing to be concerned over. And if rates climb even more, it would take a long way for rates to get to the point of being alarming.


Brian Martucci is a loan officer for Capital Bank Home Loans, a division of Capital Bank, N.A. He has been in the mortgage industry since 1986 and has served in a number of roles, including loan processor, loan officer, mortgage broker, branch manager, and vice president. Brian Martucci – NMLS# 185421. His opinions do not necessarily reflect the opinions and beliefs of Capital Bank Home Loans or Capital Bank. Capital Bank, N.A.- NMLS# 401599. Click here for the Capital Bank, N.A. “Privacy Policy”.

One Response to “Historical Interest Rate Chart”

  1. […] wrote a blog last fall that included a chart of interest rates that went back about 40 years. I did this in an […]

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