What does JFK, Mount Everest and Los Angeles have in common?. A look back at events that happened today and what mortgage rates were then and what they are today.
3. Mortgage Throwback Thursdays
1953 5.05%
30 Yr FixedMount Everest was
conquered as Edmund
Hillary of New Zealand
and Tensing Norgay of
Nepal became the first
climbers to reach the
summit. The Postwar Pattern of Mortgage Interest Rates, 1961