Mortgage Rate History 15 Year

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The above table lists the monthly average rates for conventional and conforming, 15- and 30-year fixed-rate mortgages in the United States. Information on points can be found at the Freddie Mac website. Source: Mortgage Rates

30-Year vs. 15-Year Fixed-Rate. Average interest rates for 15-year fixed-rate mortgages have followed the same historical trend as 30-year mortgages, with rates for both remaining historically low. However, interest rates on the 30-year loans have always been slightly higher.

Historically, the 15-year mortgage rate reached upwards of 8.89% in 1994 and reached a trough of 2.56% in 2013. US 15 year mortgage rate is at 3.18%, compared to 3.23% last week and 4.00% last year. This is lower than the long term average of 5.44%.

Historical Mortgage Rates and Historical ARM Index rates hsh associates has surveyed lenders and produced mortgage statistics for over 30 years. HSH’s Fixed-Rate Mortgage Indicator (FRMI) — the longest series of street-level pricing available — includes mortgages of all sizes, including conforming, "expanded conforming," and jumbo.

5-Year Fixed-Rate Historic Tables HTML / Excel Weekly PMMS Survey Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac’s Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac’s business prospects.

Guarantee Rate Mortgage Company

A 15-year fixed-rate mortgage maintains the same interest rate and monthly payment over the 15-year loan period. The 15 year fixed-rate mortgage allows the borrower to pay off the mortgage faster and typically has a low interest rate. But monthly payments are usually higher than with other mortgages.

Average Mortgage Rates Seattle Washington Mortgage Rates – Washington Mortgage Rates.. Seattle is situated. Although the median resale amounts in Washington State were above the national average, the mortgage rates.

15 Year Mortgage Rate History – If you are no satisfied paying a high interest rate on your loan debt – than consider refinance your loans and see how much you could save up.

Mortgage rates tick up as the spring selling season hangs in the balance – The 15-year fixed-rate mortgage averaged 3.60 %, up four basis points. The 5-year treasury-indexed hybrid adjustable-rate mortgage averaged 3.80%, up from 3.66%.

30 Year Rate Chart

Mortgage Rate History 15 Year – If you are thinking to refinance your mortgage loan, you can start by submitting simple form online to see how much you can save up. The information may vary from state to state so it is important to learn and understand how each state and the value of the property will have a direct impact on the rate for which.

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