A 15 year fixed rate mortgage is a home loan with a repayment term of 15 years.
Current home mortgage interest rates 15 year fixed.
The 15 year fixed mortgage rate fell 4 basis points to 2 49 from a week ago.
A fixed rate 15 year mortgage saves money in the long run because you pay less in total interest than on a 30 year loan whether buying a home or refinancing.
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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.
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.
Nationally 15 year fixed mortgage rates are 2 63.
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