Above is the 30 year fixed Freddie Mac conventional program’s APR historic average data for the past 30 years dating back to 1987. In the late 1980’s, when the graph begins its recording, rates were at a 30 year high with all APR’s above the 10.00% mark, which is more than double where rates have been at in most recent years. In the early 1990’s rates began dropping for a four year on year decline from years 1989 to 1992. For the most part, APR averages on a yearly basis have been steadily declining in the past 30 years since 1987, with some years being an exception to this trend, but when looked at from a distance it appears rates are moving downward on a yearly averaged basis. 2017 was an exception to this trend as rates increased by more than 30 basis points: from the 30 year low of 3.65% APR in 2016. Since 2010 it appears that rates have been fluctuating at only a minimal pace.