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3.2% to 7.19%: The Path of Interest Rates in the Last Two Years

  • September 22nd 2023

by UrbanTurf Staff

Mortgage rate chart 09-21-23 (1).png

Long-term mortgage rates have more than doubled since the beginning of 2022. Today. UrbanTurf takes a look at the trajectory of rates during that time. 

Below, UrbanTurf provides a quick timeline of rates since the beginning of last year:

  • January 6, 2022 -- 3.22%
  • Feburary 17, 2022 -- 3.92%
  • March 24, 2022 -- 4.42%
  • May 12, 2022 -- 5.30%
  • June 23, 2022 -- 5.81%
  • September 8, 2022 -- 5.89%
  • September 29, 2022 -- 6.7%
  • November 3, 2022 -- 6.9%
  • January 19, 2023 -- 6.14%
  • March 16, 2023 -- 6.60%
  • July 6, 2023 -- 6.81%
  • August 24, 2023 -- 7.23%
  • September 21, 2023 -- 7.19%

The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.

See other articles related to: interest rates, mortgage rates

This article originally published at https://dc.urbanturf.com/articles/blog/32_to_719_the_path_of_interest_rates_in_the_last_two_years/21498.

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