A 15-year mortgage rate specifically is the annual rate of ... inflation, bond market trends, housing market conditions and the lender’s operating expenses. Keep in mind that mortgage rates ...

Note that rates on 15-year mortgages tend to be lower than rates on 30-year loans, but higher than rates on 10-year loans. The current average rate on a 15-year refinance is 6.75% compared to the ...

If you can afford the higher monthly payments, a 15-year fixed mortgage allows you to pay off your home loan faster at a lower interest rate. Alix is a former CNET Money staff writer. She also ...

For borrowers who want to pay off their home faster, the average rate on a 15-year fixed mortgage is 6.65%, up 0.13 percentage point from the previous week. If you’re thinking about refinancing ...

Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.95% from last week's reading of 6.96%. The ...

MCLEAN, Va., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM ...

The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...

The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.

The average rate on a 15-year mortgage also rose, to 6.13 percent from 6 last week. It is also the highest rate for this type of home loan since July and up from the 5.89 percent rate a year earlier.

The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

The 15-year mortgage, though not as popular as the ubiquitous 30-year mortgage, is a solid money-saving option for borrowers who can afford a larger monthly payment. Because the terms are shorter ...

As long as inflation continues to decelerate, we should see mortgage rates trend back down throughout 2025. See how today's 15-year refinance rates compare to other types of mortgage refinance loans.