What Is The Average Interest Rate On A Fixed 15 Year Home Mortgage In The Us

There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments.

What is the average interest rate on a fixed 15 year home mortgage in the us.

Graph and download economic data for 15 year fixed rate mortgage average in the united states mortgage15us from 1991 08 30 to 2020 12 24 about 15 year mortgage fixed interest rate interest rate and usa. Average 15 year mortgage rates. While this does mean less money spent on interest the monthly payments on a 15 year loan are consistently higher in all states. 15 year fixed rate mortgages the average interest rate on the 15 year fixed mortgage is 2 4 up 5 basis points from 2 35 over the last week.

Here are the current average 15 year mortgage rates in each state. 15 year fixed mortgage rates. Average 15 year fixed mortgage rates tend to be lower than rates for 30 year home loans. This occurred in both late 2012 and in april 2013.

The lowest average annual mortgage rate on 15 year fixed mortgages since 1991 was 2 66. How do i find current 15 year mortgage rates. This time last year the 15 year fixed rate mortgage. Compare the latest rates loans payments and fees for 15 year fixed mortgages.

This time last year the 15 year fixed rate mortgage was at 3 19. As of 2019 the average 15 year fixed mortgage rate is 3 47. On december 23 2020 the average rate on the 15 year fixed rate mortgage is 2 584. 15 year fixed rate mortgages the average interest rate on the 15 year fixed mortgage fell to 2 19.