![Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | Keeping Current Matters](https://blogger.googleusercontent.com/img/proxy/AVvXsEjCp80Ct4c_K1VbY7ljX0YRQlS2GpiIAWiFgv41HsKEHzQvt1EZE2uArrNo3vRjNEVr4-1StHXSgIBd_Kl3m7-93USNEatOXBITdK9Nk_nF_YB8gWpHWVHnhxvSwC8iBnwgpFDVmyktQudXkKcpgQN3AJqwBAdAmu0990HLgL1KsPjKL9tA7Xq_YWPB31-lTcNvhP1pQ3QQeFZJJrVIWVA=s0-d-e1-ft)
Some Highlights:
- The interest rate you secure for your mortgage greatly influences your monthly housing costs.
- In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.
- Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage
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![Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | Keeping Current Matters](http://www.keepingcurrentmatters.com/wp-content/uploads/2016/10/20161007-Mortgage-Rates-KCM.jpg)
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