U.S. Housing Market Conditions, Fourth Quarter 2001: Historical Data, Table 14 (2024)

Table 14. Mortgage Interest Rates, Average Commitment Rates, and Points: 1973Present

Period	FHA		Conventional
	30-Year Fixed Rate		30-Year Fixed Rate		15-Year Fixed Rate		1-Year ARMs
	Rate	Points 1	Rate	Points	Rate	Points	Rate	Points
Annual Data
1973	7.41	5.4	8.04	1.0	NA	NA	NA	NA
1974	8.85	4.6	9.19	1.2	NA	NA	NA	NA
1975	8.64	4.4	9.04	1.1	NA	NA	NA	NA
1976	8.50	3.2	8.88	1.2	NA	NA	NA	NA
1977	8.27	2.7	8.84	1.1	NA	NA	NA	NA
1978	9.10	3.6	9.63	1.3	NA	NA	NA	NA
1979	10.00	4.5	11.19	1.6	NA	NA	NA	NA
1980	12.36	5.7	13.77	1.8	NA	NA	NA	NA
1981	15.17	5.1	16.63	2.1	NA	NA	NA	NA
1982	14.83	4.1	16.09	2.2	NA	NA	NA	NA
1983	12.24	4.4	13.23	2.1	NA	NA	NA	NA
1984	13.21	3.8	13.87	2.5	NA	NA	11.49	2.5
1985	11.96	2.8	12.42	2.5	NA	NA	10.04	2.5
1986	9.75	2.2	10.18	2.2	NA	NA	8.42	2.3
1987	9.67	2.8	10.20	2.2	NA	NA	7.82	2.2
1988	10.25	1.5	10.33	2.1	NA	NA	7.90	2.3
1989	10.08	1.6	10.32	2.1	NA	NA	8.80	2.3
1990	9.92	1.8	10.13	2.1	NA	NA	8.36	2.1
1991	9.25	0.9	9.25	2.0	NA	NA	7.10	1.9
1992	8.29	1.2	8.40	1.7	7.96	1.7	5.63	1.7
1993	7.46	0.4	7.33	1.6	6.83	1.6	4.59	1.5
1994	8.42	0.6	8.35	1.8	7.86	1.8	5.33	1.5
1995	8.28	0.5	7.95	1.8	7.49	1.8	6.07	1.5
1996	8.03	0.5	7.81	1.7	7.32	1.7	5.67	1.4
1997	7.90	0.4	7.59	1.7	7.13	1.7	5.60	1.4
1998	7.12	0.3	6.95	1.1	6.59	1.1	5.59	1.1
1999	7.53	0.5	7.44	1.0	7.06	1.0	5.98	1.0
2000	NA	NA	8.05	1.0	7.72	1.0	7.04	1.0
2001	NA	NA	6.97	0.9	5.83	0.9	6.51	0.9
Monthly Data
2000
October	NA	NA	7.80	1.0	7.47	1.0	7.23	1.0
November	NA	NA	7.73	1.0	7.40	0.9	7.22	0.9
December	NA	NA	7.32	1.0	6.98	1.0	7.05	0.9
2001
January	NA	NA	7.03	0.9	6.64	0.9	6.70	0.9
February	NA	NA	7.05	1.0	6.64	0.9	6.46	0.9
March	NA	NA	6.95	0.9	6.51	1.0	6.28	0.9
April	NA	NA	7.08	0.9	6.6	1.0	6.11	0.9
May	NA	NA	7.16	0.94	6.7	1.0	5.88	0.9
June	NA	NA	7.14	1.0	6.68	1.0	5.8	0.9
July	NA	NA	7.13	0.9	6.68	0.9	5.71	0.9
August	NA	NA	6.95	0.9	6.50	0.9	5.71	0.9
September	NA	NA	6.82	0.9	6.34	0.9	5.57	0.9
October	NA	NA	6.62	0.85	6.10	0.85	5.28	0.88
November	NA	NA	6.66	0.80	6.15	0.78	5.20	0.82
December	NA	NA	7.07	0.75	6.54	0.75	5.23	0.80

^*Mortgage loan interest rate data on FHA-insured loans are no longer collected by the Department of Housing and Urban Development.

U.S. Housing Market Conditions, Fourth Quarter 2001: Historical Data, Table 14 (2024)

References