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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 2.23%, compared to 2.28% last week and 2.36% last year. This is lower than the long term average of 5.23%.

Stats

Last Value 2.23%
Latest Period Oct 07 2021
Last Updated Oct 14 2021, 10:03 EDT
Next Release Oct 21 2021, 10:00 EDT
Long Term Average 5.23%
Average Growth Rate -3.68%
Value from 1 Year Ago 2.36%
Change from 1 Year Ago -5.51%
Frequency Weekly
Unit Percent
Adjustment N/A
Notes Average U.S. 15 year mortgage rate.

Historical Data

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Date Value
October 07, 2021 2.23%
September 30, 2021 2.28%
September 23, 2021 2.15%
September 16, 2021 2.12%
September 09, 2021 2.19%
September 02, 2021 2.18%
August 26, 2021 2.17%
August 19, 2021 2.16%
August 12, 2021 2.15%
August 05, 2021 2.10%
July 29, 2021 2.10%
July 22, 2021 2.12%
July 15, 2021 2.22%
July 08, 2021 2.20%
July 01, 2021 2.26%
June 24, 2021 2.34%
June 17, 2021 2.24%
June 10, 2021 2.23%
June 03, 2021 2.27%
May 27, 2021 2.27%
May 20, 2021 2.29%
May 13, 2021 2.26%
May 06, 2021 2.30%
April 29, 2021 2.31%
April 22, 2021 2.29%
Date Value
April 15, 2021 2.35%
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%

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 2.23%, compared to 2.28% last week and 2.36% last year. This is lower than the long term average of 5.23%.

Stats

Last Value 2.23%
Latest Period Oct 07 2021
Last Updated Oct 14 2021, 10:03 EDT
Next Release Oct 21 2021, 10:00 EDT
Long Term Average 5.23%
Average Growth Rate -3.68%
Value from 1 Year Ago 2.36%
Change from 1 Year Ago -5.51%
Frequency Weekly
Unit Percent
Adjustment N/A
Notes Average U.S. 15 year mortgage rate.