Just looking back at mortgage interest rates from March 2022 and wow, that was a turning point. 30-year fixed rates had jumped to 5.19% from under 5% the week before - people were definitely feeling that shift. At the time, the Fed was signaling six more rate hikes coming that year to fight inflation, so it made sense that mortgage interest rates march 2022 marked this noticeable uptick. 15-year loans were around 4.1%, and ARMs started lower but carried that reset risk. What's interesting is experts back then still thought rates would stay relatively reasonable through the first half of the year. Looking at mortgage interest rates march 2022 now, it's clear that was basically the start of a bigger climbing trend. The whole dynamic changed pretty quickly after that - rates kept rising as the Fed followed through on their plans. If you were shopping for a home or refinancing back then, you were basically catching rates right before they started their real climb.