What Is 15 Year Mortgage Rate – If you are looking for finance to buy new home or for lower mortgage rate of your existing loan then study our extensive and comprehensive collection of first-class reliable refinance offers from different certified lenders.

Current 15-Year Mortgage Rates on a $220,000 Home Loan. The following table highlights locally available current mortgage rates. By default 15-year purchase loans are displayed. Clicking on the refinance button switches loans to refinance.

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 · Should you refinance a 30-year mortgage into a 15-year loan. Here are the factors to consider, along with some examples of how much interest you could save.

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When interest rates are rising, the conventional wisdom says that refinancing your mortgage is less appealing. But for some homeowners, a 15-year refinance mortgage could be a smart financial move.

The best 30 year jumbo refinance rates quoted on our rate table right now are at 3.85 percent with 1.10 mortgage points. 15 year jumbo mortgage rates are averaging 4.15 percent, down 1 basis point from the prior week’s rate of 4.16 percent.

View and compare urrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates.

How 15-Year Fixed Mortgage Rates Stack Up Against Other Mortgage Rates . Mortgage rates tend to be lower with 15-year fixed mortgages than 30-year fixed mortgage rates because lenders take into consideration that you’ll pay back the loan in a shorter amount of time.

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 · 15-Year Refinance Rates – Historic Low Rates. This is due to three reasons: The 15-year fixed interest rate is at all-time lows in 2012. By setting a shorter period, with the lower interest rate, your monthly payments do not increase significantly. You pay-off your loan much build equity in.

Compare today?s mortgage and refinance rates from Citi.com. View current mortgage rates on 30 year and 15 year fixed mortgages. Get a customized rate and see more loan options.

30 Year Mortgage vs. 15 Year Mortgage. Which is Better? [#AskBP 063] Today’s low interest rate for a 15-year fixed is 3.375% (3.835% apr), and the interest rate for a 30-year fixed is 3.875% (4.148% APR). Why You Should Choose Quicken Loans You’ll get a completely online application process with less paperwork, and you can track the status of your mortgage application.