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Mortgage rates: 1980s vs 2010s [Infographic]

Thinking about buying a home? Mortgage rates are starting to go up, but they’re still at historical lows:

Interest-Rates-KCM2

… so 1981 was NOT the year to buy a home!

Your mortgage interest rate has a dramatic effect on how much you pay each month for the same house. If you’re thinking about buying a new home, be sure to act while rates are still good!

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Our agents write often to give you the latest insights on owning a home or property in the local area.