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    Historical Rates

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    kettle1
    This graph shows the average annual New Jersey housing price index (HPI) adjusted for inflation from 1975 to 2008 compared to the average annual 30-year fixed mortgage interest rate over the same time period. The HPI generally increased over time with some dips, peaking in 2006 before declining in 2007 and 2008, while the 30-year fixed mortgage rate varied more widely, peaking above 18% in the early 1980s before declining and remaining under 7% from 2002 onwards.

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    Historical Rates

    Uploaded by

    kettle1
    45 views1 page
    This graph shows the average annual New Jersey housing price index (HPI) adjusted for inflation from 1975 to 2008 compared to the average annual 30-year fixed mortgage interest rate over the same time period. The HPI generally increased over time with some dips, peaking in 2006 before declining in 2007 and 2008, while the 30-year fixed mortgage rate varied more widely, peaking above 18% in the early 1980s before declining and remaining under 7% from 2002 onwards.

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    This graph shows the average annual New Jersey housing price index (HPI) adjusted for inflation from 1975 to 2008 compared to the average annual 30-year fixed mortgage interest rate over the same time period. The HPI generally increased over time with some dips, peaking in 2006 before declining in 2007 and 2008, while the 30-year fixed mortgage rate varied more widely, peaking above 18% in the early 1980s before declining and remaining under 7% from 2002 onwards.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    45 views1 page

    Historical Rates

    Uploaded by

    kettle1
    This graph shows the average annual New Jersey housing price index (HPI) adjusted for inflation from 1975 to 2008 compared to the average annual 30-year fixed mortgage interest rate over the same time period. The HPI generally increased over time with some dips, peaking in 2006 before declining in 2007 and 2008, while the 30-year fixed mortgage rate varied more widely, peaking above 18% in the early 1980s before declining and remaining under 7% from 2002 onwards.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    FHFA NJ HPI (Inflation Adj)

    200
    250
    300
    350
    400
    450
    500
    550
    600
    650

    1975
    1976
    1977
    1978
    1979
    1980
    1981
    1982
    1983
    1984
    1985
    1986
    1987
    1988
    1989

    Average Annual NJ HPI (Real)


    1990
    1991
    1992
    1993
    1994
    1995
    1996
    1997
    1998
    1999
    2000
    2001
    Average Annual 30yr Fixed Mortgage

    2002
    Historical 30yr Fixed Interest Rates Vs FHFA NJ HPI

    2003
    2004
    2005
    2006
    2007
    2008
    0
    2
    4
    6
    8
    10
    12
    14
    16
    18

    30yr Mortgage rate (%)


    30

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