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Blue Ridge Bankshares, Inc. Announces Addition of New Directors November Existing Home Sales Plunge Low Loan Rates! Mortgage Rate History: 1971 to Today. Homebuyers who have recently borrowed fixed-rate mortgages have benefited from interest rates at historical lows. After reaching a high of nearly 19% in 1981, mortgage rates have steadily declined and remained in the low single digits.Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes – including single-family houses, townhouses, condos, and co-ops – in November, dropped 7.0% from November last year, to a seasonally adjusted annual rate (SAAR) of 5.32 million homes, according to the National Association of Realtors this morning.The $66 billion merger of BB&T Corp. and SunTrust Banks Inc. new talent pool small and midsize business customers will be most affected by the merger, says Brian Plum, chairman of the Virginia.

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