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How a 1% increase in interest rates will affect your mortgage.

Stephanie Crawford

Mar 19, 2014 • 1 min read

How a 1% increase in interest rates will affect your mortgage.

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I’m loving this cool infographic from Zillow. Today interest rates are hovering in the mid-4% range. Last year they were in the mid-3%-ish range. We are expected to crest 5% by the end of 2014 and perhaps even 6% in 2015. The long-term historic average is in the mid-6% range.

Image by Zillow Mortgage Marketplace

WRITTEN BY

Stephanie Crawford

Realtor

Steph is a Nashville native who has been helping homebuyers and sellers throughout Middle Tennessee since 2003. She's the broker/owner of Brokers Cooperative, manages the NestingInNashville.com website, and oversees contracts, negotiations, and marketing from her home office.

WRITTEN BY

Stephanie Crawford

Realtor

Chapters

How a 1% increase in interest rates will affect your mortgage.

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