Historic recurrence is the fancy way to say ‘History Always Repeats Itself’ and it came to my mind as I published this Mortgage Rate Chart below. By definition on Wikipedia; “Historic recurrence is the repetition of similar events in history.^[2] The concept of historic recurrence has variously been applied to the overall history of the world (e.g., to the rises and falls of empires), to repetitive patterns in the history of a given polity, and to any two specific events which bear a striking similarity.^{[3]  “}

While it is often remarked that “History repeats itself,” it was Mark Twain, who has been quoted as saying that “History does not repeat itself, but it does rhyme.”^[7]

Either way, as a rule of thumb or in general, history does give us hints to the future. It seems to me the higher interest rates of the past are coming back one day. This will be good news for investors of Stocks, Bonds and Mutual Funds. But if you are planning on borrowing money, do it sooner then later while you can afford the lower rates! 🙂