In this article we have given you the 30 Year FRM, 15 Year FRM and 1 Year ARM: Initial Interest rate. The graph above shows long term trends of 30 Year FRM, 15 Year FRM and 1 Year ARM: Initial Interest rate. It shows the mortgage rates trends from 1992-2009.
Following the graph which starts from June 1992 as you can see that 30 year FRM was at 8.50% while the 15 Year FRM was in between 7.75% – 8.50% and 1 Year ARM: Initial Interest rate was in between 5.50% – 6.25%. After June 1992 we can see a decline in all rates and in December 1992 the rates again goes up after that there was a continuous decline in the rates till the December of 1993 after December 1993 the rates continues to rise till December 1994 but during the month of June in 1994 the rates were quite stable.
