Current 10 And 15 Year Mortgage Rates

Today s 15 year mortgage rates.

Current 10 and 15 year mortgage 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. Select a product to view important disclosures payments assumptions and apr information. Mortgage rates valid as of 01 oct 2020 09 06 am cdt and assume borrower has excellent credit including a credit score of 740 or higher. Arm interest rates and payments are subject to increase after the initial fixed rate period 5 years for a 5 1 arm 7 years for a 7 1 arm and 10.

Current 15 year refinance rates. Over the course of three decades you accrue and pay much more interest. Although rates can differ depending on the lender and what you can qualify for 10 year refinance rates are generally lower than other terms like 15 or 30 year mortgages. Estimated monthly payments shown include principal interest and if applicable any required mortgage insurance.

1 2020 the average rate on a 30 year fixed rate mortgage was unchanged at 2 95 the average rate on a 15 year fixed rate mortgage dropped two basis points to 2 51 and the. On saturday october 03 2020 according to bankrate s latest survey of the nation s largest mortgage lenders the benchmark 15 year fixed mortgage rate is 2. How to read our rates. Data from the mortgage bankers association covering early 2016 says that fixed rate loans for terms other than 30 or 15 years primarily 20 or 10 year mortgage loans represented 18 percent of all refinances an increase of 57 percent from the previous year.