15 Year Mortgage Rates. From there, you can start the process to. This can be advantageous to the lender as it can recoup the loan in half the time as a typical mortgage.
It has an interest rate that does not change throughout the life of the loan. The following table highlights locally available current mortgage rates. Click the lender name to view more information.
With this you agree to a mortgage where the interest rate will remain the same for 15 years.
This means you'll know exactly what you'll repay each month over that time. 15 year mortgage rates, 15 yr fixed mortgage rates chart and history since 1991. This is because the loan balance is repaid in half the time of a standard. But if you can make the payments, you stand to save thousands of dollars in interest over the life of your mortgage.