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National Monthly Mortgage Statistics: 1983- 2008

Average Rate for Last 25 Years is 8.69%       Average Rate for Last 5 Years is 6.27%

Date 30-Year
Mortgage
January 1983 13.40%
February 1983 13.35%
March 1983 13.05%
April 1983 12.90%
May 1983 12.74%
June 1983 12.97%
July 1983 13.52%
August 1983 13.95%
September 1983 13.84%
October 1983 13.61%
November 1983 13.52%
December 1983 13.48%
Date 30-Year
Mortgage
January 1984 13.27%
February 1984 13.12%
March 1984 13.29%
April 1984 13.60%
May 1984 13.97%
June 1984 14.46%
July 1984 14.75%
August 1984 14.34%
September 1984 14.11%
October 1984 13.88%
November 1984 13.32%
December 1984 12.99%
Date 30-Year
Mortgage
January 1985 12.96%
February 1985 12.77%
March 1985 13.15%
April 1985 13.09%
May 1985 12.62%
June 1985 11.85%
July 1985 11.78%
August 1985 12.02%
September 1985 11.99%
October 1985 11.94%
November 1985 11.63%
December 1985 11.11%
Date 30-Year
Mortgage
January 1986 10.95%
February 1986 10.77%
March 1986 10.17%
April 1986 10.00%
May 1986 10.15%
June 1986 10.68%
July 1986 10.52%
August 1986 10.21%
September 1986 10.07%
October 1986 10.09%
November 1986 9.80%
December 1986 9.44%
Date 30-Year
Mortgage
January 1987 9.29%
February 1987 9.15%
March 1987 9.11%
April 1987 9.87%
May 1987 10.65%
June 1987 10.60%
July 1987 10.35%
August 1987 10.41%
September 1987 10.95%
October 1987 11.36%
November 1987 10.81%
December 1987 10.79%
Date 30-Year
Mortgage
January 1988 10.55%
February 1988 10.03%
March 1988 10.02%
April 1988 10.29%
May 1988 10.56%
June 1988 10.57%
July 1988 10.52%
August 1988 10.72%
September 1988 10.60%
October 1988 10.40%
November 1988 10.37%
December 1988 10.72%
Date 30-Year
Mortgage
January 1989 10.84%
February 1989 10.78%
March 1989 11.14%
April 1989 11.17%
May 1989 10.90%
June 1989 10.33%
July 1989 10.03%
August 1989 10.08%
September 1989 10.24%
October 1989 10.08%
November 1989 9.90%
December 1989 9.86%
Date 30-Year
Mortgage
January 1990 9.98%
February 1990 10.26%
March 1990 10.32%
April 1990 10.43%
May 1990 10.54%
June 1990 10.22%
July 1990 10.10%
August 1990 10.17%
September 1990 10.24%
October 1990 10.24%
November 1990 10.06%
December 1990 9.75%
Date 30-Year
Mortgage
January 1991 9.74%
February 1991 9.48%
March 1991 9.61%
April 1991 9.60%
May 1991 9.58%
June 1991 9.73%
July 1991 9.69%
August 1991 9.35%
September 1991 9.12%
October 1991 8.93%
November 1991 8.80%
December 1991 8.60%
Date 30-Year
Mortgage
January 1992 8.54%
February 1992 8.86%
March 1992 9.03%
April 1992 8.92%
May 1992 8.76%
June 1992 8.59%
July 1992 8.26%
August 1992 8.05%
September 1992 7.99%
October 1992 8.21%
November 1992 8.52%
December 1992 8.36%
Date 30-Year
Mortgage
January 1993 8.12%
February 1993 7.79%
March 1993 7.57%
April 1993 7.55%
May 1993 7.55%
June 1993 7.48%
July 1993 7.24%
August 1993 7.12%
September 1993 6.92%
October 1993 6.89%
November 1993 7.24%
December 1993 7.30%
Date 30-Year
Mortgage
January 1994 7.15%
February 1994 7.27%
March 1994 7.78%
April 1994 8.44%
May 1994 8.73%
June 1994 8.58%
July 1994 8.77%
August 1994 8.68%
September 1994 8.78%
October 1994 9.07%
November 1994 9.29%
December 1994 9.35%
Date 30-Year
Mortgage
January 1995 9.33%
February 1995 9.03%
March 1995 8.68%
April 1995 8.53%
May 1995 8.17%
June 1995 7.80%
July 1995 7.88%
August 1995 8.09%
September 1995 7.86%
October 1995 7.72%
November 1995 7.66%
December 1995 7.47%
Date 30-Year
Mortgage
January 1996 7.32%
February 1996 7.33%
March 1996 7.89%
April 1996 8.16%
May 1996 8.31%
June 1996 8.47%
July 1996 8.44%
August 1996 8.25%
September 1996 8.41%
October 1996 8.12%
November 1996 7.82%
December 1996 7.82%
Date 30-Year
Mortgage
January 1997 8.00%
February 1997 7.84%
March 1997 8.06%
April 1997 8.27%
May 1997 8.11%
June 1997 7.88%
July 1997 7.69%
August 1997 7.63%
September 1997 7.59%
October 1997 7.45%
November 1997 7.37%
December 1997 7.30%
Date 30-Year
Mortgage
January 1998 7.15%
February 1998 7.17%
March 1998 7.21%
April 1998 7.21%
May 1998 7.19%
June 1998 7.09%
July 1998 7.05%
August 1998 7.03%
September 1998 6.85%
October 1998 6.87%
November 1998 7.02%
December 1998 6.90%
Date 30-Year
Mortgage
January 1999 6.90%
February 1999 6.93%
March 1999 7.11%
April 1999 7.01%
May 1999 7.23%
June 1999 7.67%
July 1999 7.74%
August 1999 8.08%
September 1999 8.01%
October 1999 7.98%
November 1999 7.86%
December 1999 8.04%
Date 30-Year
Mortgage
January 2000 8.32%
February 2000 8.48%
March 2000 8.39%
April 2000 8.30%
May 2000 8.71%
June 2000 8.43%
July 2000 8.29%
August 2000 8.16%
September 2000 8.07%
October 2000 7.93%
November 2000 7.90%
December 2000 7.58%
Date 30-Year
Mortgage
January 2001 7.30%
February 2001 7.26%
March 2001 7.16%
April 2001 7.25%
May 2001 7.34%
June 2001 7.33%
July 2001 7.31%
August 2001 7.11%
September 2001 6.96%
October 2001 6.77%
November 2001 6.85%
December 2001 7.28%
Date 30-Year
Mortgage
January 2002 7.16%
February 2002 7.01%
March 2002 7.10%
April 2002 7.06%
May 2002 6.89%
June 2002 6.72%
July 2002 6.57%
August 2002 6.41%
September 2002 6.26%
October 2002 6.28%
November 2002 6.22%
December 2002 6.17%
Date 30-Year
Mortgage
January 2003 6.05%
February 2003 5.94%
March 2003 5.88%
April 2003 5.92%
May 2003 5.65%
June 2003 5.43%
July 2003 5.80%
August 2003 6.47%
September 2003 6.29%
October 2003 6.12%
November 2003 6.07%
December 2003 6.03%
Date 30-Year
Mortgage
January 2004 5.88%
February 2004 5.76%
March 2004 5.59%
April 2004 5.96%
May 2004 6.40%
June 2004 6.42%
July 2004 6.20%
August 2004 6.01%
September 2004 5.88%
October 2004 5.84%
November 2004 5.83%
December 2004 5.83%
Date 30-Year
Mortgage
January 2005 5.80%
February 2005 5.72%
March 2005 6.01%
April 2005 6.02%
May 2005 5.87%
June 2005 5.77%
July 2005 5.84%
August 2005 6.00%
September 2005 5.94%
October 2005 6.21%
November 2005 6.44%
December 2005 6.39%
Date 30-Year
Mortgage
January 2006 5.38%
February 2006 6.40%
March 2006 6.47%
April 2006 6.63%
May 2006 6.75%
June 2006 6.83%
July 2006 6.88%
August 2006 6.63%
September 2006 6.49%
October 2006 6.47%
November 2006 6.34%
December 2006 6.23%
Date 30-Year
Mortgage
January 2007 6.33%
February 2007 6.37%
March 2007 6.27%
April 2007 6.35%
May 2007 6.39%
June 2007 6.73%
July 2007 6.85%
August 2007 6.96%
September 2007 6.83%
October 2007 6.72%
November 2007 6.56%
December 2007 6.61%
Date 30-Year
Mortgage
January 2008 6.25%
February 2008 N/A
March 2008 N/A
April 2008 N/A
May 2008 N/A
June 2008 N/A
July 2008 N/A
August 2008 N/A
September 2008 N/A
October 2008 N/A
November 2008 N/A
December 2008 N/A

* Source: Freddie Mac Primary Mortgage Rates

Average Rate for Last 25 Years is 8.69%       Average Rate for Last 5 Years is 6.27%