Fluff poll- Interest rate on first mortgage/house?

It was 3.xx% in 2008.  I don't remember exactly what it was but it was under 4%.

We bought our first house in 1996, I do not remember the interest rate. We are just above 2% right now.

Rates were about 14% when I bought a townhouse in 1984. Luckily, as a first time buyer, I qualified for 9.9% and thought I had won the lottery!

13% in 1982

8.5% in 1979

We paid 10% in 1991.

First house purchased in 1997, so I have no idea what it was back then. Mine now is about 2.3%

I bought my first house in 2002 and I don't remember the interest rate. I do remember the payment (I assume 30 year loan) on a 13 year old, 3 bedroom, 2 full bath, 2 car garage and 2 acre property was right at $700. $0 down, VA Loan.

Last year it sold for about 2.5x what I paid for it, and it looks really cheaply flipped based on the photos.

The last house I bought, I also don't recall the interest rate lol but it was $186k over 30 years, with a payment just under $1200. I put down 20%. It just sold with serious upgrades (new roof, septic -twice that I know of in the last 8 years and new well) about 2 years ago for $870k. There's no way I could afford it today *on my own.*

ETA: these two homes I bought on my own, single payer lol. Currently we own, but it was more creative financing with cash in hand and a variable interest rate that we paid off very very quickly. I don't think I can say we paid no interest, but if we did, it was only for about 3 months and it was less than 2% and the balance was less than $10k.

Sorry had to. Other. No house. We rent and tank goodness we do in this economy and with the way our prices are as well as property tax.

A little over 10% in 1990. I did a 15 year mortgage and got a lower rate. A 30 year was an extra 0.5%.

My house was 7%. However, before that I had a mobile home and it was higher partially because of the timeframe but also because those have a higher interest rate. I don't remember but I think it was 9 or 10%.

Bought our first house in 1989 and the interest rate was around 10.5% at the time which was insane, but even at that the mortgage payment was a little more than half of what we had been paying in rent for our one bedroom apartment so we were happy about that. The house was tiny and old but it was ours. We ended up refinancing it a couple different times over the years.

Our mortgage on our current house is just under 3%. The loan we recently took out for our solar panels is about double that.

When the market crashed in 2008, we couldnt refi because dh had been laid off and I had taken a 25% pay cut. We were also upside down on our mortgage.

There was another time when rates were decent, but we couldnt afford the closing costs.

2020 was the perfect storm. The 2.5% was too good to pass up and we finally had equity again.

I had been paying extra on my mortgage prior to the refi and after I continued to pay the same total amount. So, if my payment+escrow was $750 before, I was paying $1000 instead. Affer refi, if my payment was $600, I kept paying $1000.


It was a 15 year mortgage and it will be paid off by the end of 2026 (I also paid it down by $5k last year when we both received significant bonuses.

5% adjustable in '08. I had that place until 2017 and every time it adjusted it adjusted down. I was slightly under or above 3% when I sold. I currently have a 3.5% fixed on my house now. I can't imagine trying to buy a house at today's prices with today's interest rate.