· Interest rates are low: Over the past 30 years, the average mortgage rate in the United States has been 8.27%, and rates even peaked as high as 18% in the 1980s. Today, at 3.81%, the rate is considerably lower than the historical 30-year average. Although experts predict it may climb into the low 4% range in the near future, that’s still.
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if rates rise to just 2.2%, then it will take 80% of revenues to pay the interest. Even at the low current rates. We humans simply have no way to grasp the enormity of such a number. Nor can we.
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What Will rising mortgage rates Do to Housing Bubble 2?. the ultra-low mortgage rates were among the factors that have caused home prices to soar. But as rates are heading higher, the housing market is in for a big rethink.. Falling mortgage rates gave a huge boost to home prices and to.
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