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Average US mortgage rates over the past decade

  • Article by: The Associated Press
  • Associated Press
  • October 4, 2013 - 12:30 PM

Despite a recent spike in mortgage rates, the average on the 30-year fixed loan remains a bargain at below 5 percent. Here are the average annual rates for the 30-year loan for each of the last 10 years. The housing market downturn began in 2007. Data are from Bankrate.com.

—2003: 5.89 percent

—2004: 5.88 percent

—2005: 5.93 percent

—2006: 6.47 percent

—2007: 6.40 percent

—2008: 6.24 percent

—2009: 5.38 percent

—2010: 4.86 percent

—2011: 4.65 percent

—2012: 3.88 percent

—2013: 4.07 percent (asterisk)

(asterisk) Average is through September.

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