The rates for mortgages change a lot because of interest and other factors. Keeping track of that shows what’s going on each year. Right now they are static. This means they aren’t changing. If you are interested in getting a mortgage this info will help you. It could also help those who are looking to refinance. Sometimes you can do that if the interest rate goes down a lot and it can make your payment more manageable.

Read more: Mortgage rates static in 2017: Mortgage Brain – Mortgage Strategy