1970s 8.86% 1980s 12.7% 1990s 8.12% 2000s 6.29% Freddie Mac - PowerPoint PPT Presentation

Oct 17, 2023 •277 likes •385 views

Historic Mortgage Rates by Decade Decade Average Rate 1970s 8.86% 1980s 12.7% 1990s 8.12% 2000s 6.29% Freddie Mac Recession does not equal Housing Crisis recession [rseSH()n] NOUN 1. a period of temporary economic decline

Historic Mortgage Rates by Decade Decade Average Rate 1970s 8.86% 1980s 12.7% 1990s 8.12% 2000s 6.29% Freddie Mac
Recession does not equal Housing Crisis
re·ces·sion [rəˈseSH(ə)n] NOUN 1. a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Merriam-Webster Dictionary
When Will Next U.S. Recession Begin? 40.3% 26% 19.3% 10% 2019 2020 2021 After 2021 Pulsenomics, Duke, NABE
Will the U.S. housing market fare better or worse than the 2008 economic recession? 59% 41% The same or worse Better realtor.com
PROJECTED 4.1 Mean Percentage Appreciation 3.4 3.0 2.8 2.5 2019 2020 2021 2022 2023 Home Price Expectation Survey 2019 2Q
6.6% 6.1% 3.5% 1991 2008 1980 1981 2001 -1.9% HOME PRICE CHANGE during Last 5 Recessions -19.7% CoreLogic National Home Price Index

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