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Interest Rates Over Time [INFOGRAPHIC]

February 22, 2020
by Mark Sincavage
0 Comments

Interest Rates Over Time [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time.
  • According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low.
  • The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan. Maybe it’s time to lock in now while rates are still low.
For Buyers, Infographics, Interest Rates
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Mark Sincavage

Mark Sincavage is a seasoned real estate professional with a proven track record of success. Holding real estate licenses in New Jersey and South Carolina, and previously in New York, Mark's career has been marked by remarkable achievements. Since 2010, he has facilitated real estate transactions totaling over $350 million. Mark currently operates as a valuable resource for clients, providing real estate referral services through the Coldwell Banker Realty Referral Network. With an extensive network of real estate agents—locally, nationally and globally, a wealth of knowledge, and a rich tapestry of experiences, Mark has established himself as the go-to partner for successful real estate transactions. His dedication to professional growth and excellence is evident through his prestigious credentials, which include Seller Representative Specialist (SRS), Seniors Real Estate Specialist (SRES), Short Sale and Foreclosure Resource (SFR), and Resort & Second Home Property Specialist (RSPS). When the time comes to embark on a residential real estate journey, Mark Sincavage stands ready to offer his expertise and guidance, ensuring a smooth and successful experience for all his clients.

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