A 15 year fixed rate mortgage is a home loan with a repayment term of 15 years.
Current 15 year mortgage loan rates.
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.
The 15 year fixed mortgage rate fell 4 basis points to 2 49 from a week ago.
Use annual percentage rate apr which includes fees and costs to compare rates across lenders rates and apr below may include up to 50 in discount points as an upfront cost to borrowers and assume no cash out.
Current 15 year refinance rates.
On sunday october 04 2020 according to bankrate s latest survey of the nation s largest refinance lenders the benchmark 15 year fixed refinance rate is 2.
Find and compare current 15 year refinance mortgage rates.
Additional mortgage rates can be found in the chart and graph below.
It offers borrowers the same fixed interest rate and monthly payments throughout the life of the loan.
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