09/18/2026
Mortgage rates have looked very different across the decades—from 9.0% in 1975 to a record 18.63% in 1981, down to the unusually low rates seen in 2020.
And while today’s rates may feel high compared with recent history, perspective matters. Freddie Mac’s 30-year fixed-rate average was 6.95% on September 17, 2026; rates can also vary based on the borrower, loan type, credit, and other factors.
The bigger question isn’t necessarily “When will rates get back to 3%?”
It’s “Does buying a home make sense for my situation right now?”
Your budget, timeline, goals, and overall cost of the home all matter—not just the interest rate.
If you’re thinking about buying in Central Oregon, let’s talk through the numbers and your options.
Central Oregon Real Estate – Mortgage Rates – Home Buying