Historical Interest Rates
Feb 10, 2014
As you look over the last 30 years, you can see that the average interest rate for a home mortgage ash been nearly 8%. 7.92% to be exact. Interest Rates continue to hover in the mid to high 4 and 5% range. If there was ever a time to commit to a home purchase it’s now.
You h ave the convergence of the lower interest rages combined with prices that are still recovering from the recession. Lake Cypress Springs TX continues to be a solid investment.