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Chart of the Day: Pre-Great Recession Average

Posted by Samuel A. Kiburz on Feb 28, 2023 11:38:38 AM

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chart shows fluctuating residential rates with a blue line, Pre-Great Recession average represented with red line

Today's Chart of the Day, compiled from information from the Mortgage Bankers Association, shows the 30-year residential rates dating back to 1993. The hypothesis is: Are we simply returning back to the normal, long-term average we had before the Great Recession, which was a time before quantitative easing kept rates artificially low?

Topics: Chart of the Day