Historical Year Data · 1980

30Y Mortgage Rate in 1980

30Y Mortgage Rate opened 1980 at 12.85% and closed at 14.95%, a +16.34% move for the year. The high of 16.35% was reached on April 4, and the low of 12.18% on July 4.

Open

12.85%

1980-01

14.95%

52 data points

High

16.35%

Apr 4

Low

12.18%

Jul 4

Full Year Change

+16.34%

1979 Change

+24.28%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	12.85%	12.89%	12.90%	12.85%	+0.31%
Feb	12.85%	13.59%	13.59%	12.85%	+5.76%
Mar	14.00%	16.03%	16.03%	14.00%	+14.50%
Apr	16.35%	16.25%	16.35%	16.25%	-0.61%
May	15.90%	13.20%	15.90%	13.20%	-16.98%
Jun	13.06%	12.35%	13.06%	12.35%	-5.44%
Jul	12.18%	12.18%	12.23%	12.18%	+0.00%
Aug	12.25%	12.95%	12.95%	12.25%	+5.71%
Sep	13.03%	13.43%	13.43%	13.03%	+3.07%
Oct	13.60%	14.00%	14.00%	13.60%	+2.94%
Nov	14.08%	14.28%	14.28%	14.08%	+1.42%
Dec	14.43%	14.95%	14.95%	14.43%	+3.60%

Events During 1980

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

Previous Year

← 30Y Mortgage Rate in 1979

Next Year

30Y Mortgage Rate in 1981→