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.
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 ...
If you can afford the higher monthly payments, a 15-year fixed mortgage allows you to pay off your home loan faster at a lower interest rate. Alix is a former CNET Money staff writer. She also ...
Mortgage rates have inched up three of the last four days, pushing the 30-year average into slightly higher territory than ...
Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.
Mortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal ...
One of the first things you may want to consider when choosing a mortgage loan or refinancing is your preferred loan term. Shorter terms (15-year loans) generally offer better interest rates than ...
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 ...
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 ...