The average 30-year fixed mortgage rate rose to 3.85%, up 4 basis points from 3.81% a week ago. 15-year fixed mortgage rates fell 3 basis points to 3.17% from 3.20% a week ago.

This direct lender says it will pay you $1,000 cash if you find a better interest rate and fees from another lender. 15-Year Mortgage Deals From Credit Unions. While several larger banks are offering great 15-year mortgage rates, it’s worth checking at credit unions and local institutions as well. You may find a better deal.

Get Best Mortgage Rates It’s best not to apply for a mortgage until you’ve had the. If you work for yourself but your spouse works for a company, you might get a much better mortgage rate if the loan is taken out only in.Bank Rate Home Loan Calculator Compared to last week, that’s $0.60 higher. You can use Bankrate’s mortgage calculator to get a handle on what your monthly payments would be and see how much you’ll save by adding extra payments. It.

What is a 15-year fixed-rate mortgage? A loan used for purchasing or refinancing a home with an interest rate that never changes and a repayment term of fifteen years. Why choose a 15-year fixed-rate mortgage (FRM)? Like its 30-year sibling, your interest rate (and the mortgage’s principal and interest payment) will never change.

Historical 15 Year Mortgage Rates Monthly Average Commitment Rate And Points On 15-year fixed-rate mortgages. annual average 7.13 1.7 7.32 1.7 7.48 1.8 7.86 1.8 6.83 1.6 January na na 8.01 1.7 February na na 8.38 1.8 March na na 8.58 1.9 April na na 8.47 1.7 May na na 8.29 1.7 June na na 8.08 1.7 july na na 7.67 1.6 August na na 7.49 1.6 September 8.69 1.8 7.41 1.6.

It was 4.35 percent a week ago and 4.46 percent a year ago. The 15-year fixed. potential to move interest rates either direction in a quick second." The employment report is why Michael Becker,

Check out the mortgage rates charts below to find 30-year and 15-year mortgage rates for each of the different mortgage loans U.S. Bank offers. If you decide to purchase mortgage discount points at closing, your interest rate may be lower than the rates shown here.

Continued uncertainty over Britain’s scheduled departure from the European Union suppressed interest. a year ago. mortgage rates climbed for much of 2018 and peaked at nearly 5 percent in early.

When interest rates are rising, the conventional wisdom says that refinancing your mortgage is less appealing. But for some homeowners, a 15-year refinance mortgage could be a smart financial move.

One of the best ways to take advantage of low interest rates is to refinance your 30-year mortgage to a 15-year mortgage. While doing this might not lower your monthly payment, it will do something even better – get your house paid off more quickly, letting you end up with no payment at all in just 15 years.

Current mortgage rates for August 25, 2019 are still near their historic lows. Compare 30-year, 15-year fixed rates, and ARMs to find the best home loan offer all in one place at LendingTree.