What where mortgage interest rates (30 year conventional), oh, say 10 years ago
this month? Don’t know? OK, here’s the answer: 7.94%.
How about 15 years ago this month? Still don’t know?
OK, here you go again: 8.67%.
I was recently doing some research and stumbled upon on a very interesting
(plain mind you, but interesting) web site that I would like to share with you -
that lists monthly 30 year conventional interest rates
all the way back to 1971: http://research.stlouisfed.org/fred2/data/MORTG.txt
What’s the point of this mind numbing exercise you ask?
The point, pure and simple is this: We are still experiencing record low interest rates.
There is really nothing else to add other than that.
Have fun with the list and draw your own conclusions. 
John B.
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About John (John B.) Badalamenti
John (John B.) Badalamenti, ABR, ASR®, RFS, SRES®, AHS, e-PRO, REALTOR®, Weichert, Realtors® - is an Experienced, Full Time REALTOR® and Consistent Multi-Million Dollar Producer Serving Collegeville, King of Prussia, Blue Bell, The Main Line and the Surrounding Area Tha Encompases The Suburban Philadelphia Area.
John B. is originally from the New York/Northern N.J. - Metro Area and transferred to the S.E. Pennsylvania area in the late 1980's during his tenure as a Sr. Technical Sales Engineer with E.I. DuPont's Printing & Publishing Division.
John B.comes from a family of talented musicians, artists, and actors; his father, Steve Badalamenti, a jazz trumpet player, his uncle Angelo Badalamenti, a world-renound musical composer of movies and TV (Twin Peaks, Mulholand Drive, The Straight Story, Christmas Vacation, The Wicker Man, etc.) and his brother Stephen Badalamenti, an aspiring actor.
Married with four children, John lives in the Central Montgomery County, PA - area and believes in family, community, & service. His youngest daughter is a U.S.F.S.A. member figure skater who competes locally and nationally, and one of John's sons is a graduate student working on "alternate forms of energy".
John notes: "I am fortunate that I truly enjoy my work as a REALTOR® - helping people from all walks of life realize their real estate dreams and goals. I firmly believe that "people like to buy, but they don't like being sold" - which is why I also believe in being responsive to my clients - rather than pushy!
As a hard working, full time real estate agent, I believe in the value of my client's money; as a sage advisor and shrewd negotiator, an advocate for my client’s home buying or home selling success!"