Historical Mortgage Rates
2004 National Averages

Interest rates are constantly changing. Many people try to wait for the perfect time to buy or sell their home based on interest rates. Frankly, one can't control or predict what interest rates will do.

NCJ recommends that their clients purchase a home when it's right for them. This is often a time when their family is changing. It could be a marriage, new baby on the way, a change in economic resources, a relocation to a new area, retirement, or just a change in life style. It's rare for interest rates to determine if and when a family moves into a new home.

NCJ Realtors works with each client to help them find both the right home and the right financial arrangements to make their dream of a new home a reality.

All that said, we know you're still interested in interest rates. As a service to our clients, NCJ Realtors have prepared a series of graphics which show the national historical mortgage rates averaged from communities across the country.

Information is available to you online for each year 1990 - the present. Additionally, we have a single chart showing the entire period on a single graph.

The statistics shown here include both conforming and jumbo mortgages to give a true picture of the overall mortgage market.

Averages shown here reflect only the interest rate. Points and fees are not included in this data.

Statistics for other time periods are also available.

1990 | 1991 | 1992 | 1993
1994 | 1995 | 1996 | 1997
1998 | 1999 | 2000 | 2001
2002 | 2003 | 2004 | 2005
2006 | 2007 | 2008 | 2009
2010 1990 - 2010

Mortgage Lenders Serving the Richmond Virginia Area.

Source: ©HSH Associates, Financial Publishers - Butler, NJ (800) 873-2837