Historical Year Data · 1982
30Y Mortgage Rate in 1982
30Y Mortgage Rate opened 1982 at 17.30% and closed at 13.57%, a -21.56% move for the year. The high of 17.66% was reached on February 19, and the low of 13.57% on December 31.
Open
17.30%
1982-01
Close
13.57%
52 data points
High
17.66%
Feb 19
Low
13.57%
Dec 31
Full Year Change
-21.56%
1981 Change
+13.98%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 17.30% | 17.59% | 17.61% | 17.30% | +1.68% |
| Feb | 17.56% | 17.52% | 17.66% | 17.52% | -0.23% |
| Mar | 17.29% | 17.04% | 17.29% | 17.04% | -1.45% |
| Apr | 16.95% | 16.81% | 16.95% | 16.81% | -0.83% |
| May | 16.78% | 16.63% | 16.78% | 16.63% | -0.89% |
| Jun | 16.65% | 16.73% | 16.73% | 16.65% | +0.48% |
| Jul | 16.87% | 16.65% | 16.93% | 16.65% | -1.30% |
| Aug | 16.55% | 15.88% | 16.55% | 15.88% | -4.05% |
| Sep | 15.59% | 15.19% | 15.59% | 15.19% | -2.57% |
| Oct | 15.13% | 14.15% | 15.13% | 14.15% | -6.48% |
| Nov | 13.91% | 13.77% | 13.91% | 13.77% | -1.01% |
| Dec | 13.66% | 13.57% | 13.66% | 13.57% | -0.66% |
Events During 1982
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.
1982 Latin American Debt Crisis
Deflation
August 1982 – 1989
Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.
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