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The fixed rate for a 15-year mortgage is 6.10%, up 8 basis points from last week's average 6.02%. These figures are lower than a year ago, when rates averaged 7.22% for a 30-year term and 6.56% ...
The fixed rate for a 15-year mortgage is 5.84%, down 12 basis points from last week's average 5.96%. These figures are lower than a year ago, when rates averaged 6.95% for a 30-year term and 6.38% ...
The fixed rate for a 15-year mortgage is 6.02%, up 3 basis points from last week's average 5.99%. These figures are lower than a year ago, when rates averaged 7.29% for a 30-year term and 6.67% ...
The fixed rate for a 15-year mortgage is 6.00%, up 1 basis points from last week's average 5.99%. These figures are lower than a year ago, when rates averaged 7.50% for a 30-year term and 6.81% ...
Assume she opted for a 15-year fixed-rate mortgage loan for which she borrowed $140,000 at 6.82 percent; over the life of that loan, she would have paid a total of $83,976 in interest.
The average 30-year fixed rate bottomed in 2021 at just under 3 percent. For much of 2024, the cost of a typical 30-year fixed mortgage had been in the high-6 and 7 percent range.
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