30-year fixed-rate mortgage- 15-year fixed-rate mortgage- Timespan: 3 months SEE TODAY'S RATES Source: Freddie Mac Updated on 01/02/2025Rate changes: Never; fully fixed for entire term Benefits: Stable payments; builds equity faster; lower total interest costs than 30-year term ...
15-year fixed-rate mortgage30-year fixed-rate mortgage Loan principal$320,000$320,000 Interest rate5.73%6.47% Monthly payment$2,804$2,130 Total interest$166,610$428,803 Total payments$504,690$766,883 *Rates as of Sept. 4, 2024; monthly payments do not include insurance or taxes ...
15-year fixed-rate 6.18% (0.00) 30-year fixed-rate jumbo 6.95% (+0.02) 5/1 ARM 6.38% (+0.04) 10-year fixed-rate 6.19% (+0.01) Refinance 30-year fixed-rate refinance 6.92% (-0.01) 15-year fixed-rate refinance 6.21% (0.00) 10-year fixed refinance 6.21% (0.00) ...
15-year fixed-rate 6.09% (-0.11) 30-year fixed-rate jumbo 6.84% (-0.11) 5/1 ARM 6.19% (-0.37) 10-year fixed-rate 5.93% (-0.25) Refinance 30-year fixed-rate refinance 6.81% (-0.14) 15-year fixed-rate refinance 6.14% (-0.08) 10-ye...
Introductory Fixed Rate* Term Introductory Period Introductory APR 20 Year 2 Year 7.000% 20 Year 5 Year 7.000% *Term of 240 months (20 years) consisting of a 60 month (5 year) draw period, followed by a 180 month (15 year) principal and interest repayment period. The Annual Percentage ...
30-Year Fixed Rate7.03%7.08% 20-Year Fixed Rate6.87%6.93% 15-Year Fixed Rate6.34%6.42% 10-Year Fixed Rate6.24%6.32% 5-1 ARM6.55%7.14% 10-1 ARM6.85%6.93% 30-Year Fixed Rate FHA6.92%6.97% 30-Year Fixed Rate VA6.73%6.78% 30-Year Fixed Rate Jumbo7.11%7.16% ...
15-Year Fixed Rate6.13%$850.90 5/6 ARM6.72%$646.61 7/6 ARM6.99%$664.63 10/6 ARM7.03%$667.32 30-Year Fixed Rate Jumbo6.88%$657.26 30-Year Fixed Rate FHA6.51%$632.73 30-Year Fixed Rate VA6.61%$639.32 Factors That Affect Mortgage Rates ...
30-year fixed-rate mortgage6.72% 15-year fixed-rate mortgage5.92% Timespan:3 months SEE TODAY'S RATES Rate changes:Never; fully fixed for entire term Benefits:Low, stable payment; usually easiest qualification Alternative Strategy:Consider Hybrid ARM with appropriate fixed period ...
15-Year Mortgage Rates Loan TypePurchaseRefinance 15-Year Fixed6.25%6.08% Jumbo 15-Year Fixed6.83%6.77% What Is a 15-Year Mortgage? A15-year mortgageis a fixed-rate loan to pay for a home purchase. The monthly payment, which includes principal and interest, remains the same throughout the...
15-Year Mortgage Rates Loan TypePurchaseRefinance 15-Year Fixed6.16%6.09% Jumbo 15-Year Fixed6.84%6.96% What Is a 15-Year Mortgage? A15-year mortgageis a fixed-rate loan to pay for a home purchase. The monthly payment, which includes principal and interest, remains the same throughout the...