CONVEX
Historical Year Data · 1971

30Y Mortgage Rate in 1971

30Y Mortgage Rate opened 1971 at 7.33% and closed at 7.48%, a +2.05% move for the year. The high of 7.73% was reached on August 13, and the low of 7.29% on April 30.

Open
7.33%
1971-01
Close
7.48%
40 data points
High
7.73%
Aug 13
Low
7.29%
Apr 30
Full Year Change
+2.05%

Monthly Breakdown

MonthOpenCloseHighLowChange
Apr7.33%7.29%7.33%7.29%-0.55%
May7.38%7.46%7.46%7.38%+1.08%
Jun7.52%7.54%7.54%7.52%+0.27%
Jul7.54%7.69%7.69%7.54%+1.99%
Aug7.66%7.69%7.73%7.66%+0.39%
Sep7.71%7.67%7.71%7.67%-0.52%
Oct7.67%7.63%7.67%7.58%-0.52%
Nov7.59%7.51%7.59%7.51%-1.05%
Dec7.49%7.48%7.49%7.47%-0.13%

Events During 1971

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