Historical Year Data · 1988
30Y Mortgage Rate in 1988
30Y Mortgage Rate opened 1988 at 10.50% and closed at 10.77%, a +2.57% move for the year. The high of 10.77% was reached on December 30, and the low of 9.84% on February 12.
Open
10.50%
1988-01
Close
10.77%
52 data points
High
10.77%
Dec 30
Low
9.84%
Feb 12
Full Year Change
+2.57%
1987 Change
+13.23%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 10.50% | 10.16% | 10.53% | 10.16% | -3.24% |
| Feb | 9.94% | 9.87% | 9.94% | 9.84% | -0.70% |
| Mar | 9.85% | 9.99% | 9.99% | 9.85% | +1.42% |
| Apr | 10.05% | 10.28% | 10.30% | 10.05% | +2.29% |
| May | 10.32% | 10.58% | 10.58% | 10.32% | +2.52% |
| Jun | 10.58% | 10.40% | 10.58% | 10.35% | -1.70% |
| Jul | 10.39% | 10.49% | 10.49% | 10.38% | +0.96% |
| Aug | 10.44% | 10.67% | 10.71% | 10.44% | +2.20% |
| Sep | 10.65% | 10.42% | 10.65% | 10.40% | -2.16% |
| Oct | 10.38% | 10.22% | 10.38% | 10.22% | -1.54% |
| Nov | 10.12% | 10.39% | 10.39% | 10.12% | +2.67% |
| Dec | 10.44% | 10.77% | 10.77% | 10.44% | +3.16% |
Events During 1988
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