What is a 15-year fixed-rate mortgage? A 15-year fixed-rate mortgage is a home loan structured to pay off the amount owed over 15 years. A fixed rate means your interest rate will never change 15-Year Mortgage vs 30-year Mortgage In order to decide if a shorter mortgage term is right for you, it helps to know some facts about 15-year mortgages versus 30-year mortgages. The interest rate on a 30-year mortgage is usually higher, but the monthly payments are significantly less because to cost of the home is spread out over 30 years. With a fixed-rate mortgage, your monthly payment stays the same for the entire loan term. Find information and rates for 15, 20 and 30-year fixed-rate mortgages from Bank of America.

View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates. Refinancing to a 15-year fixed-rate loan from your current adjustable-rate mortgage could provide you with stability, predictability and significant savings. For example, with a 5/1 ARM, the View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates. Since jumbos provide more risk to the bank, they often come with higher interest rates. 15-year jumbos typically come with an interest rate of 0.5% to 1% above a traditional 15 year loan. What Affects Interest Rates. Like all mortgage products, the best time to get a 15-year is when interest rates and fees are low. What is a 15-year fixed-rate mortgage? A 15-year fixed-rate mortgage is a home loan structured to pay off the amount owed over 15 years. A fixed rate means your interest rate will never change

Consider Your Loan Program. The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you're ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less

Low fixed-rate mortgage products. 30 year; 15 year; VA 30 year. Interest Rate. 3.250%. Annual Percentage Rate. 3.421%. Points. 2.125%. Down Payment. 20% . A 15-year fixed-rate mortgage is a home loan with a repayment term of 15 years. It offers borrowers the same (fixed) interest rate and monthly payments throughout the life of the loan. The long-term advantage of a 15-year fixed-rate mortgage is that it’s cheaper than other mortgage options. Refinancing to a 15-year fixed-rate loan from your current adjustable-rate mortgage could provide you with stability, predictability and significant savings. For example, with a 5/1 ARM, the Consider Your Loan Program. The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you're ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less Mortgage Rates for 15 year fixed As the country plunged into another recession, mortgage rates continued to fall. The lowest average annual mortgage rate on 15-year fixed mortgages since 1991 was 2.66%. This occurred in both late 2012 and in April 2013. As of 2019, the average 15-year fixed mortgage rate is 3.47%. View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates.

15-Year Mortgage vs 30-year Mortgage In order to decide if a shorter mortgage term is right for you, it helps to know some facts about 15-year mortgages versus 30-year mortgages. The interest rate on a 30-year mortgage is usually higher, but the monthly payments are significantly less because to cost of the home is spread out over 30 years.

Refinancing to a 15-year fixed-rate loan from your current adjustable-rate mortgage could provide you with stability, predictability and significant savings. For example, with a 5/1 ARM, the Consider Your Loan Program. The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you're ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less Mortgage Rates for 15 year fixed As the country plunged into another recession, mortgage rates continued to fall. The lowest average annual mortgage rate on 15-year fixed mortgages since 1991 was 2.66%. This occurred in both late 2012 and in April 2013. As of 2019, the average 15-year fixed mortgage rate is 3.47%. View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates. Refinancing to a 15-year fixed-rate loan from your current adjustable-rate mortgage could provide you with stability, predictability and significant savings. For example, with a 5/1 ARM, the

Compare today's 15-year fixed mortgage rates from top mortgage lenders. Find out if a A 30 year loan whose interest rate stays the same over the loan term.

Browse our rates below to find a loan that fits your home lending needs. Product, Interest Rate, APR 1. 10 Year Fixed Rate 15 Year Fixed Rate. 2 May 2013 Mortgage rates dropped again this week, with the 15-year fixed-rate loan their loan terms -- saving themselves on total interest payments.

A 15-year mortgage, popular for refinancing, saves money in the long run because you pay less in total interest than on a 30-year loan. Find and compare current 

View daily mortgage and refinance interest rates for a variety of mortgage products, and learn how we can help 15-Year Fixed-Rate Jumbo, 3.125%, 3.222%. Compare today's 15-year fixed mortgage rates from top mortgage lenders. Find out if a A 30 year loan whose interest rate stays the same over the loan term. A list of current mortgage rates, historic mortgage rates, charts and interest rate 15 Yr FRM, 3.50%, 2.95%, +0.55 Jumbo 30 Year Fixed, 4.38%, 4.05%, +0.33.

As the country plunged into another recession, mortgage rates continued to fall. The lowest average annual mortgage rate on 15-year fixed mortgages since 1991 was 2.66%. This occurred in both late 2012 and in April 2013. As of 2019, the average 15-year fixed mortgage rate is 3.47%. View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates. Refinancing to a 15-year fixed-rate loan from your current adjustable-rate mortgage could provide you with stability, predictability and significant savings. For example, with a 5/1 ARM, the View and compare сurrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates. Since jumbos provide more risk to the bank, they often come with higher interest rates. 15-year jumbos typically come with an interest rate of 0.5% to 1% above a traditional 15 year loan. What Affects Interest Rates. Like all mortgage products, the best time to get a 15-year is when interest rates and fees are low. What is a 15-year fixed-rate mortgage? A 15-year fixed-rate mortgage is a home loan structured to pay off the amount owed over 15 years. A fixed rate means your interest rate will never change 15-Year Mortgage vs 30-year Mortgage In order to decide if a shorter mortgage term is right for you, it helps to know some facts about 15-year mortgages versus 30-year mortgages. The interest rate on a 30-year mortgage is usually higher, but the monthly payments are significantly less because to cost of the home is spread out over 30 years.