Market News and Rates

Mortgage Rates & Payments by Decade

Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant.

By Bill Lewis · September 1, 2020 · 1 min read

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Mortgage Rates & Payments by Decade [INFOGRAPHIC] | MyKCM

Some Highlights

  • Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low.
  • Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant.
  • Let’s connect to determine the best way to position your family for a financially-savvy move in today’s market.

Have questions about your mortgage options?

Call Bill Lewis at (310) 614-5920 for a free, no-obligation loan analysis.

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Bill Lewis, mortgage broker at Choice One Mortgage in La Quinta, CA

About the Author: Bill Lewis

Mortgage Loan Originator, Choice One Mortgage · NMLS #284797

Bill Lewis has spent more than 30 years helping Southern California homebuyers and the Realtors who serve them structure financing that fits their real situation. Based in La Quinta, Choice One Mortgage serves buyers throughout the Coachella Valley, Ventura County, and the South Bay. Learn more about our team or call (310) 614-5920.

This article is for general information only and is not a quote or offer of credit. Rates, programs, and guidelines change and depend on credit, loan type, property, and other factors. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, and property valuation. Equal Housing Opportunity. COMC, Inc. dba Choice One Mortgage Company. Licensed by the CA DRE #01238593. NMLS #233784.