Current 15 Year Mortgage Rate

A 15 year can be compared to the following: 30 year mortgage – The 30 year is the most frequently used option. Like the 15 year, the 30 year has a fixed payment over the life of the loan. The main difference is that the 30 year is paid over a period twice as long, which leads to lower monthly payments.

View current home loan rates and refinance rates for 30-year fixed, 15-year fixed and more. Compare rates to find the right mortgage to fit your goals.

Today’s Mortgage Rates and Refinance Rates. 15-Year Fixed-Rate Jumbo 4.375% 4.391% 7/1 ARM Jumbo 4.125% 4.649% Rates, terms, and fees as of 8/24/2018 10:15 AM Eastern Daylight Time and subject to change without notice. Select a product to view important disclosures, payments, assumptions, and APR information. Please note we offer additional home loan options not displayed here.

Rates For 15 Year Mortgage – Visit our site and see if you can lower your monthly mortgage payments, you can save money by refinancing you mortgage loan.

Mortgage rates tend to be lower with 15-year fixed mortgages than 30-year fixed mortgage rates because lenders take into consideration that you’ll pay back the loan in a shorter amount of time. This can be advantageous to the lender as it can recoup the loan in half the time as a typical mortgage.

The average 30-year fixed mortgage rate is 3.97%, up 2 basis points from 3.95% a week ago. 15-year fixed mortgage rates rose 3 basis points to 3.30% from 3.27% a week ago. Additional mortgage.

Traditional lending institutions offer fixed rate mortgages for a variety of terms, the most common of which are 30, 20 and 15 years. based on current market rates. This is then the rate until the.

A list of current mortgage rates, Additional Charts-30 year fixed rate Mortgage. Mortgage News Daily provides the most extensive and accurate coverage of the mortgage interest rate markets.

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Mortgage rates hit their. and are in addition to the interest rate.) It was 3.84 percent a week ago and 4.55 percent a year ago. The 30-year fixed rate has fallen in seven of the last nine weeks..

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Mortgage rates were mostly flat to begin the new week, even though underlying bond markets were in stronger territory. Bonds, more than anything else, dictate the day-to-day direction for mortgage.