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.
With a fixed-rate mortgage, you have predictability and peace. 15 Year Fixed, 3.250%, 3.382%, $1124.28.
October 12,2019 – Compare Washington 15-Year Fixed Refinance mortgage refinance rates with a loan amount of $250000. To change the mortgage product or the loan amount, use the search box on the right. Click the lender name to view more information. Mortgage rates are updated daily.
15 Year Fixed Mortgage Rates. Nationally, 15 Year Fixed Mortgage Rates are 3.17%. This rate was 3.17% yesterday and 3.09% last week.
While lower rates do little to combat the uncertain trade picture, unemployment has continued to drop, consumer spending has.
The disadvantage is that, with a 15-year mortgage loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and.