View and compare urrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. fixed and ARM, FHA, and VA rates.

“By shopping around and getting a single additional mortgage rate quote, a borrower can save an average of $1,500.” The 15-year FRM averaged 3.28% this. “These low rates are also good news for.

How to read our rates. The current mortgage rates listed below assume a few basic things about you, including, you have very good credit (a FICO credit score of 740+) and you’re buying a single-family home as your primary residence.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.

The average 30-year fixed mortgage rate is 4.25%, down 4 basis points from 4.29% a week ago. 15-year fixed mortgage rates fell 6 basis points to 3.61% from a week ago.

It pays to shop around for mortgage rates. Find a competitive rate for your home loan with free quotes for 15-year mortgage rates.

This time last year, the 15-year FRM came in at 4.04%. Lastly, the five-year treasury-indexed hybrid adjustable-rate mortgage averaged 3.48%, retreating from last week’s rate of 3.51%. Once again,

Mortgage Interest Rates Last 10 Years Mortgage Rates Edge Lower; 30-Year Rate at 4.71 Percent – The Federal Reserve signaled its confidence in the economy last week by raising a key interest rate. on the key 10-year Treasury note climbed Thursday to 3.18 percent, its highest level in more.

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.

What Is Home Mortgage Rates Today  · The average rate on the popular 30-year fixed is now right around 4.50 percent, still low when looking historically, but buyers over the past six years have gotten more used to rates in the 3.

A 15-year fixed mortgage is a loan with a term of 15 years that has an interest rate that is fixed for the life of the loan. For example, a 15-year mortgage of $300,000 with a 20% down payment and an interest rate of 4% would have a monthly payment of about $1,775 (not including taxes and insurance).

A 15-year fixed-rate mortgage maintains the same interest rate and monthly payment over the 15-year loan period. The 15 year fixed-rate mortgage allows the borrower to pay off the mortgage faster and typically has a low interest rate. But monthly payments are usually higher than with other mortgages.

Shopping for the lowest 15-year rates? Check out current mortgage rates and save money by comparing your free, customized home loan rates from NerdWallet.