Note that rates on 15-year mortgages tend to be lower than rates on 30-year loans, but higher than rates on 10-year loans. The current average rate on a 15-year refinance is 6.75% compared to the ...

One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...

The average rate on a 15-year fixed-rate mortgage, meanwhile, is 6.05 percent. That’s down from 6.12 percent the previous week, but up from 5.90 percent a year earlier. Freddie Mac chief ...

Refinancing into a 15-year fixed-rate mortgage can help homeowners save on interest and pay off their mortgages faster. Check out today's 15-year refinance rates to see if one of these loans makes ...

Because the terms are shorter and 15-year mortgage rates are lower than 30-year rates, you could potentially save hundreds of thousands of dollars over the life of the loan by opting for a 15-year ...

That said, rates are still lower than they were a year ago, and you might be thinking about entering the housing market as a result. Some people look at 15-year mortgages rather than a typical 30 ...