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 2.23%, compared to 2.28% last week and 2.36% last year. This is lower than the long term average of 5.23%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
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
| 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%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
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. |
Related Indicators
| US Housing |
| 30 Year Mortgage Rate | 2.99% |
| US Building Permits MoM | 6.01% |
| US Existing Home Sales MoM | -2.00% |
| US Home Ownership Rate | 65.40% |
| US Home Vacancy Rate | 0.90% |
| US Housing Starts MoM | 3.93% |
| US New Single Family Houses Sold | 740.00K |
| US New Single Family Houses Sold MoM | 1.51% |
| US Pending Home Sales MoM | 8.14% |
| US Pending Home Sales YoY | -8.29% |
| US Rental Vacancy Rate | 6.20% |