24 Many Say Mortgage Rates Are the Highest in History - Look at the Following Chart to Learn How Wrong you are - Rates Now are Average to Low (www.bankrate.com) posted 103 days ago by CommiesGetTheRope 103 days ago by CommiesGetTheRope +24 / -0 12 comments share 12 comments share save hide report block hide replies
Highest in history? I think my 13 3/4% ARM (1981) which ended up at 17 3/4 before I was able to refi, was the highest in history.
I used an 9.75% FHA 15 year fixed in 1986 to get a rate lower than 10% since the conventional 15 year was 10.25% and conventional 30 year was 12%.