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

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Oct 17, 2023 277 likes •388 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

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Decade Average Rate

1970s 8.86% 1980s 12.7% 1990s 8.12% 2000s 6.29%

Freddie Mac

Historic Mortgage Rates by Decade

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Recession does not equal Housing Crisis

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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.

re·ces·sion

[rəˈseSH(ə)n]

NOUN

Merriam-Webster Dictionary

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When Will Next U.S. Recession Begin?

Pulsenomics, Duke, NABE

19.3% 40.3% 26% 10%

2019 2020 2021 After 2021

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59% 41%

The same or worse Better

Will the U.S. housing market fare better or worse than the 2008 economic recession?

realtor.com

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4.1 2.8 2.5 3.0 3.4

2019 2020 2021 2022 2023

PROJECTED

Mean Percentage Appreciation

Home Price Expectation Survey 2019 2Q

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6.1% 3.5%

1.9%

6.6%

19.7%

1980 1981 2001

CoreLogic National Home Price Index

HOME PRICE CHANGE

during Last 5 Recessions

1991 2008

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