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 2.16% last week and 3.07% last year. This is lower than the long term average of 5.30%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 2.23% |
| Latest Period | Jan 14 2021 |
| Last Updated | Jan 21 2021, 10:01 EST |
| Next Release | Jan 28 2021, 10:00 EST |
| Long Term Average | 5.30% |
| Average Growth Rate | -3.80% |
| Value from 1 Year Ago | 3.07% |
| Change from 1 Year Ago | -27.36% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 15 year mortgage rate. |
Historical Data
| Date | Value |
|---|---|
| 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% |
| 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% |
| Date | Value |
|---|---|
| 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% |
| April 23, 2020 | 2.86% |
| April 16, 2020 | 2.80% |
| April 09, 2020 | 2.77% |
| April 02, 2020 | 2.82% |
| March 26, 2020 | 2.92% |
| March 19, 2020 | 3.06% |
| March 12, 2020 | 2.77% |
| March 05, 2020 | 2.79% |
| February 27, 2020 | 2.95% |
| February 20, 2020 | 2.99% |
| February 13, 2020 | 2.97% |
| February 06, 2020 | 2.97% |
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 2.16% last week and 3.07% last year. This is lower than the long term average of 5.30%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 2.23% |
| Latest Period | Jan 14 2021 |
| Last Updated | Jan 21 2021, 10:01 EST |
| Next Release | Jan 28 2021, 10:00 EST |
| Long Term Average | 5.30% |
| Average Growth Rate | -3.80% |
| Value from 1 Year Ago | 3.07% |
| Change from 1 Year Ago | -27.36% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 15 year mortgage rate. |
Related Indicators
| US Housing |
| 30 Year Mortgage Rate | 2.79% |
| US Building Permits MoM | 4.53% |
| US Existing Home Sales MoM | -2.48% |
| US Home Ownership Rate | 67.40% |
| US Housing Starts MoM | 5.77% |
| US New Single Family Houses Sold | 841.00K |
| US New Single Family Houses Sold MoM | -11.01% |
| US Pending Home Sales MoM | -2.63% |
| US Pending Home Sales YoY | 16.39% |