Mortgage Rate History
History of Average Variable vs 5 Year Mortgage Rates
Variable vs 5 Year Mortgage Rates Chart
| Year | Variable Rate | 5 Year Rate | Best Rate? | Best Over Worst |
|---|---|---|---|---|
| 1975 | 8.70% | 11.50% | variable | 2.80% |
| 1976 | 9.95% | 12.00% | variable | 2.05% |
| 1977 | 7.95% | 10.25% | variable | 2.30% |
| 1978 | 8.95% | 10.25% | variable | 1.30% |
| 1979 | 11.70% | 11.25% | fixed | 0.45% |
| 1980 | 13.45% | 14.50% | variable | 1.05% |
| 1981 | 19.20% | 18.13% | fixed | 1.07% |
| 1982 | 16.20% | 19.25% | variable | 3.05% |
| 1983 | 10.70% | 13.50% | variable | 2.80% |
| 1984 | 11.70% | 13.50% | variable | 1.80% |
| 1985 | 10.20% | 11.75% | variable | 1.55% |
| 1986 | 9.95% | 11.25% | variable | 1.30% |
| 1987 | 9.20% | 11.25% | variable | 2.05% |
| 1988 | 10.45% | 11.75% | variable | 1.30% |
| 1989 | 13.20% | 12.00% | fixed | 1.20% |
| 1990 | 13.95% | 13.25% | fixed | 0.70% |
| 1991 | 9.45% | 11.25% | variable | 1.80% |
| 1992 | 7.20% | 9.63% | variable | 2.43% |
| 1993 | 5.70% | 8.85% | variable | 3.15% |
| 1994 | 6.70% | 9.90% | variable | 3.20% |
| 1995 | 7.95% | 8.95% | variable | 1.00% |
| 1996 | 6.20% | 7.95% | variable | 1.75% |
| 1997 | 4.45% | 7.00% | variable | 2.55% |
| 1998 | 6.20% | 6.95% | variable | 0.75% |
| 1999 | 5.95% | 7.50% | variable | 1.55% |
| 2000 | 7.20% | 8.30% | variable | 1.10% |
| 2001 | 5.95% | 7.50% | variable | 1.55% |
| 2002 | 3.95% | 6.85% | variable | 2.90% |
| 2003 | 4.45% | 6.45% | variable | 2.00% |
| 2004 | 3.70% | 6.30% | variable | 2.60% |
| 2005 | 3.95% | 6.05% | variable | 2.10% |
| 2006 | 5.70% | 6.60% | variable | 0.90% |
| 2007 | 5.70% | 7.19% | variable | 1.49% |
| 2008 | 4.45% | 7.15% | variable | 2.70% |
| 2009 | 1.95% | 5.79% | variable | 3.84% |
| 2010 | 2.20% | 5.42% | variable | 3.22% |
| 2011 | 2.70% | 5.39% | variable | 2.69% |
| 2012 | 2.70% | 5.24% | variable | 2.54% |
| 2013 | 2.70% | 5.24% | variable | 2.54% |
| 2014 | 2.70% | 4.79% | variable | 2.09% |
| 2015 | 2.55% | 4.64% | variable | 2.09% |
| 2016 | 2.40% | 4.64% | variable | 2.24% |
| 2017 | 2.40% | 4.64% | variable | 2.24% |
| 2018 | 3.15% | 5.34% | variable | 2.19% |
| 2019 | 3.65% | 5.34% | variable | 1.69% |
| 2020 | 2.15% | 4.94% | variable | 2.79% |
| 2021 | 2.15% | 4.79% | variable | 2.64% |
| 2022 | 3.40% | 6.04% | variable | 2.64% |
| 2023 | 6.65% | 6.49% | fixed | 0.16% |
| 2024 | 6.78% | 6.84% | variable | 0.06% |
Posted Mortgage Rates for 1, 3, and 5 Year Terms
Posted Mortgage Rates Chart
| Year | 1 Year Rate | 3 Year Rate | 5 Year Rate | Best Rate? | Best Over Worst |
|---|---|---|---|---|---|
| 1980 | 13.75% | 14.25% | 14.50% | 1 Year Rate | 0.75% |
| 1981 | 18.00% | 18.13% | 18.13% | 1 Year Rate | 0.13% |
| 1982 | 18.13% | 18.75% | 19.25% | 1 Year Rate | 1.13% |
| 1983 | 11.00% | 12.75% | 13.50% | 1 Year Rate | 2.50% |
| 1984 | 12.25% | 13.50% | 13.50% | 1 Year Rate | 1.25% |
| 1985 | 10.00% | 11.25% | 11.75% | 1 Year Rate | 1.75% |
| 1986 | 9.75% | 10.75% | 11.25% | 1 Year Rate | 1.50% |
| 1987 | 9.75% | 10.75% | 11.25% | 1 Year Rate | 1.50% |
| 1988 | 10.75% | 11.25% | 11.75% | 1 Year Rate | 1.00% |
| 1989 | 12.75% | 12.25% | 12.00% | 5 Year Rate | 0.75% |
| 1990 | 13.25% | 13.25% | 13.25% | 1 Year Rate | 0.00% |
| 1991 | 10.00% | 11.00% | 11.25% | 1 Year Rate | 1.25% |
| 1992 | 8.25% | 9.00% | 9.63% | 1 Year Rate | 1.38% |
| 1993 | 6.88% | 8.25% | 8.85% | 1 Year Rate | 1.97% |
| 1994 | 8.00% | 9.50% | 9.90% | 1 Year Rate | 1.90% |
| 1995 | 8.13% | 8.63% | 8.95% | 1 Year Rate | 0.82% |
| 1996 | 6.50% | 7.44% | 7.95% | 1 Year Rate | 1.45% |
| 1997 | 5.55% | 6.50% | 7.00% | 1 Year Rate | 1.45% |
| 1998 | 6.50% | 6.80% | 6.95% | 1 Year Rate | 0.45% |
| 1999 | 6.72% | 7.30% | 7.50% | 1 Year Rate | 0.78% |
| 2000 | 7.90% | 8.13% | 8.30% | 1 Year Rate | 0.40% |
| 2001 | 6.70% | 7.13% | 7.50% | 1 Year Rate | 0.80% |
| 2002 | 5.30% | 6.15% | 6.85% | 1 Year Rate | 1.55% |
| 2003 | 4.75% | 5.90% | 6.45% | 1 Year Rate | 1.70% |
| 2004 | 4.60% | 5.80% | 6.30% | 1 Year Rate | 1.70% |
| 2005 | 4.90% | 5.60% | 6.05% | 1 Year Rate | 1.15% |
| 2006 | 6.33% | 6.45% | 6.60% | 1 Year Rate | 0.27% |
| 2007 | 7.05% | 7.30% | 7.19% | 1 Year Rate | 0.25% |
| 2008 | 6.95% | 7.00% | 7.15% | 1 Year Rate | 0.20% |
| 2009 | 3.80% | 4.45% | 5.79% | 1 Year Rate | 1.99% |
| 2010 | 3.55% | 4.15% | 5.42% | 1 Year Rate | 1.87% |
| 2011 | 3.50% | 4.35% | 5.39% | 1 Year Rate | 1.89% |
| 2012 | 3.20% | 3.95% | 5.24% | 1 Year Rate | 2.04% |
| 2013 | 3.14% | 3.73% | 5.24% | 1 Year Rate | 2.10% |
| 2014 | 3.14% | 3.75% | 4.79% | 1 Year Rate | 1.65% |
| 2015 | 2.89% | 3.39% | 4.64% | 1 Year Rate | 1.75% |
| 2016 | 3.14% | 3.39% | 4.64% | 1 Year Rate | 1.50% |
| 2017 | 3.14% | 3.39% | 4.64% | 1 Year Rate | 1.50% |
| 2018 | 3.49% | 4.29% | 5.34% | 1 Year Rate | 1.85% |
| 2019 | 3.64% | 4.29% | 5.34% | 1 Year Rate | 1.70% |
| 2020 | 3.19% | 3.89% | 4.94% | 1 Year Rate | 1.75% |
| 2021 | 2.79% | 3.49% | 4.79% | 1 Year Rate | 2.00% |
| 2022 | 4.74% | 5.39% | 6.04% | 1 Year Rate | 1.30% |
| 2023 | 7.14% | 6.54% | 6.49% | 5 Year Rate | 0.65% |
| 2024 | 7.84% | 6.99% | 6.84% | 5 Year Rate | 1.00% |
