15 Year Mortgage Rate
Level Chart
Basic Info
The 15 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 15 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. Historically, the 15-year mortgage rate reached upwards of 8.89% in 1994 and has made historic lows in 2020. 15 Year Mortgage Rate is at 2.42%, compared to 2.45% last week and 2.82% last year. This is lower than the long term average of 5.28%. |
Report | Primary Mortgage Market Survey |
Category | Interest Rates |
Region | United States |
Source | Freddie Mac |
Stats
Last Value | 2.42% |
Latest Period | Apr 08 2021 |
Last Updated | Apr 15 2021, 10:01 EDT |
Next Release | Apr 22 2021, 10:00 EDT |
Long Term Average | 5.28% |
Average Growth Rate | -3.49% |
Value from 1 Year Ago | 2.82% |
Change from 1 Year Ago | -14.18% |
Frequency | Weekly |
Unit | Percent |
Adjustment | N/A |
Notes | Average U.S. 15 year mortgage rate. |
Historical Data
Date | Value |
---|---|
April 08, 2021 | 2.42% |
April 01, 2021 | 2.45% |
March 25, 2021 | 2.45% |
March 18, 2021 | 2.40% |
March 11, 2021 | 2.38% |
March 04, 2021 | 2.34% |
February 25, 2021 | 2.34% |
February 18, 2021 | 2.21% |
February 11, 2021 | 2.19% |
February 04, 2021 | 2.21% |
January 28, 2021 | 2.20% |
January 21, 2021 | 2.21% |
January 14, 2021 | 2.23% |
January 07, 2021 | 2.16% |
December 31, 2020 | 2.17% |
December 24, 2020 | 2.19% |
December 17, 2020 | 2.21% |
December 10, 2020 | 2.26% |
December 03, 2020 | 2.26% |
November 25, 2020 | 2.28% |
November 19, 2020 | 2.28% |
November 12, 2020 | 2.34% |
November 05, 2020 | 2.32% |
October 29, 2020 | 2.32% |
October 22, 2020 | 2.33% |
Date | Value |
---|---|
October 15, 2020 | 2.35% |
October 08, 2020 | 2.37% |
October 01, 2020 | 2.36% |
September 24, 2020 | 2.40% |
September 17, 2020 | 2.35% |
September 10, 2020 | 2.37% |
September 03, 2020 | 2.42% |
August 27, 2020 | 2.46% |
August 20, 2020 | 2.54% |
August 13, 2020 | 2.46% |
August 06, 2020 | 2.44% |
July 30, 2020 | 2.51% |
July 23, 2020 | 2.54% |
July 16, 2020 | 2.48% |
July 09, 2020 | 2.51% |
July 02, 2020 | 2.56% |
June 25, 2020 | 2.59% |
June 18, 2020 | 2.58% |
June 11, 2020 | 2.62% |
June 04, 2020 | 2.62% |
May 28, 2020 | 2.62% |
May 21, 2020 | 2.70% |
May 14, 2020 | 2.72% |
May 07, 2020 | 2.73% |
April 30, 2020 | 2.77% |
Basic Info
The 15 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 15 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. Historically, the 15-year mortgage rate reached upwards of 8.89% in 1994 and has made historic lows in 2020. 15 Year Mortgage Rate is at 2.42%, compared to 2.45% last week and 2.82% last year. This is lower than the long term average of 5.28%. |
Report | Primary Mortgage Market Survey |
Category | Interest Rates |
Region | United States |
Source | Freddie Mac |
Stats
Last Value | 2.42% |
Latest Period | Apr 08 2021 |
Last Updated | Apr 15 2021, 10:01 EDT |
Next Release | Apr 22 2021, 10:00 EDT |
Long Term Average | 5.28% |
Average Growth Rate | -3.49% |
Value from 1 Year Ago | 2.82% |
Change from 1 Year Ago | -14.18% |
Frequency | Weekly |
Unit | Percent |
Adjustment | N/A |
Notes | Average U.S. 15 year mortgage rate. |
Related Indicators
US Housing |
30 Year Mortgage Rate | 3.13% |
US Building Permits MoM | 2.67% |
US Existing Home Sales MoM | -6.61% |
US Home Ownership Rate | 65.80% |
US Housing Starts MoM | 19.35% |
US New Single Family Houses Sold | 775.00K |
US New Single Family Houses Sold MoM | -18.25% |
US Pending Home Sales MoM | -10.62% |
US Pending Home Sales YoY | -0.45% |