U.S. 30-year, 15-year mortgage rates hit 16-month lows – Freddie Mac – Interest rates on U.S. 30-year and 15-year fixed-rate mortgages decreased to their lowest levels in 16 months in step with lower U.S. bond.
Best 15 Year Fixed-Rate Mortgages: Compare Top Lenders – A 15-year mortgage is a good option for anyone who can afford relatively high monthly payments and who is eager to pay off their loans quickly. 15-year mortgages typically have lower interest rates than 30-year mortgages, which can save borrowers money in the long term.
Family First: Is it time to buy? Mortgage rates at 16-month low – According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a point. This is the first time rates have dropped below.
· And with mortgage rates so low, a savvy and disciplined investor could opt for the 30-year loan and place the difference between the 15-year and 30-year.
30-Year Mortgage vs. 15-Year Mortgage | KeyBank – Since 15-year mortgages generally have slightly lower interest rates, we’ll imagine a rate of 4 percent for the 15-year loan and 4.5 percent for the 30-year loan. In this scenario, your monthly payment on the 15-year loan would be $1,849.22, while the payment on the 30-year loan would be $1,266.71 a month.
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.
Top Lenders For Home Loans Compare Mortgage Rates and Loans – realtor.com® – Get the latest mortgage rates for purchase or refinance from reputable lenders at realtor.com®. Simply enter your home location, property value and loan amount to compare the best rates.
HSH’s Fixed-Rate Mortgage Indicator (FRMI) averages 30-year mortgages of all sizes, including conforming, expanded conforming, and jumbo. The FRMI has been published as a continuous series since the early 1980s. separate statistical series for conforming and jumbo loans have long been available to HSH clients.
Historical Mortgage Rates: Averages and Trends. – ValuePenguin – We examined data from Freddie Mac’s Primary Mortgage Market Survey to identify historical mortgage rate trends. Click to read about the history of 15-year fixed rate mortgages, 30-year fixed rate mortgages, and 5-1 hybrid adjustable mortgages.
15-Year Mortgage Calculator – Math, Engineering & Personal. – 15-year mortgage loan is a special type of mortgage loan in which the principal amount along with the total interest should be ideally restored within 15-years. Due to the raising of real estate growth, there is various lenders provide 15-year mortgage by attracting with different agreements.