It was 4.4 percent a year ago and is at its lowest level in 14 months. The 15-year fixed-rate average sank to 3.57 percent, with an average 0.4 point. It was 3.71 percent a week ago and 3.9 percent a.

The interest rate is based on the interest rate for the 15 year fixed home mortgage product and is not the FHA loan rate. The rate indicated is also based on a refinance of the primary residence of a single family with 1% to pay towards the loan origination charge.

Lowest Morgage Interest Rate 30 Year Loan Rates Today 30 Year Mortgage Rates Over Time While the nation’s median home sale price rose about 4 percent year over year in December 2018. One way to measure the impact of inflation, mortgage rates and home prices on affordability over time.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.Location Please ensure your location is correct in order to find the best rates available in your area. Best Mortgage Rates in Canada Advertising Disclosure Rates updated: July 7, 2019 12:19 PM. We shop the most competitive brokers, lenders and banks in Canada to bring you today’s lowest interest rates, free of charge!15 Year Conventional Mortgage Rates When interest rates are rising, the conventional wisdom says that refinancing your mortgage is less inviting. But for several homeowners, a 15 year refinance mortgage could be a smart financial move..

Refinance or purchase a home with a 15-year fixed mortgage.. Save money over the course of your loan with a lower interest rate and pay off your mortgage.

Product, Interest Rate, APR. 30-Year Fixed Rate, 3.875%, 3.958%. 15-Year Fixed Rate, 3.125%, 3.324%. 5/1 ARM, 3.500%, 4.162%.

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.

Get the latest interest rates for 15-year fixed-rate mortgages.. A 15-year fixed- rate mortgage means you agree to pay off the loan in 15 years with an interest.

If you opt for a 15-year fixed-rate mortgage, your interest rate and your monthly mortgage payment will remain the same every month for the life of the loan (since .

Look up current rates on a variety of products offered through Wells Fargo. Check back periodically as we regularly add new rates pages. Credit Card rates

In 2016 the 15-year fixed-rate mortgage was the second most popular option. With an ARM a borrower receives a low initial interest rate and fixed payment for .

About 15 Year Home Refinancing Loans. In low interest rate environments consumers typically prefer the certainty of fixed-rate loans over adjustable-rates. In high or rising interest rate environments consumers may see a larger relative discount in ARM loans which can help shift their preference across.

Five-year adjustable rate mortgages, or ARMs, have historically carried lower baseline interest rates than the common 30-year fixed-rate mortgage. Since 2005, rates for the 5/1 hybrid have tracked the decline of the 30-year fixed-rate, with initial rates for the adjustable averaging 0.71 points lower than fixed-rate mortgages.

The average rate for 15-year, fixed-rate home loans declined this week to 3.60% from. freddie mac suggested. The Fed, by setting interest rates, is struggling to produce inflation of roughly 2%..