Tag: interest rates over time
Historically low interest rates? We go all the way back to the start of civilization to find out
You’ll often hear the term “Historically-low interest rates” tossed around in news reports, real estate advertisements, and yes, even mortgage blogs. But the supposed historical data on mortgage interest rates usually doesn’t go back any further than the early 1970s, and sometimes only to the 1990s. How is that ‘historical?’ So we decided to buck […]