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Chart of the Day: Outstanding Mortgages by Interest Rates

John Keefer, Portfolio Manager Apr 2, 2026
Pie chart showing the breakdown of mortgages by interest rate.

Contents

Today’s Chart of the Day from ResiClub gives a clear snapshot of the interest rates attached to currrent outstanding mortgages.
 
It’s no surprise that the largest portions of the chart are made up of mortgages with rates between 3%–4% and those below 3%, reflecting the historic lows seen during the 2020–2021 COVID-era housing boom.
 
That period created a prime opportunity for homeowners to refinance and for buyers to lock in exceptionally low rates, but the window was short-lived. Rates surged in subsequent years and have since settled just above 6% today.
 
Assuming a 20% down payment, someone who purchased a $400,000 home at a 3% interest rate is paying substantially less each month than a buyer purchasing the same home at today’s rates, which would be roughly $600 more per month in interest alone.
Chart of the Day

About the Author

John Keefer, Portfolio Manager
John Keefer, Portfolio Manager

John joined Crews Bank & Trust as a Trust Investment Associate in September 2025 and was promoted to Portfolio Manager in 2026. He holds a Bachelor of Science in Business Administration with a focus in Finance and Banking from the University of Missouri, along with an Investment Certificate. In his role, he supports portfolio maintenance and analysis while helping clients work toward their financial goals.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal. Past performance is not indicative of future results.

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