The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the
Home Mortgage Rates Through the Decades
Dated: February 19 2021
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![Home Mortgage Rates by Decade [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2021/02/18124453/20210219-MEM-1046x1207.png)
Some Highlights
- Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
- Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.
- If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.
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