Just came across some old data from November 2022 on mortgage rates and wow, things were wild back then. The 30-year fixed was sitting at 6.87% with a 15-year at 6.18%. For context, that meant a $100k mortgage would run you about $657 monthly on the 30-year option. People were getting hit with over $136k in total interest over the life of the loan. The adjustable rate mortgages were slightly better at 5.48% for 5/1 ARMs if you could lock those in early. Jumbo mortgages weren't much better either, hovering around 6.89%. Interesting to see how november 2022 mortgage rates compared to the 52-week lows at the time - the 30-year was already well above its low of around 6.13%. Analysts back then were split on whether november 2022 mortgage rates would keep climbing toward 7% or level off. Guess we know how that turned out now. If you were shopping for a home during that period, you definitely had to comparison shop hard because even small differences in APR between lenders made a real impact on your total cost. The whole november 2022 mortgage rates situation really shows how quickly things can shift in the lending market.