Current 15 Year Fixed Rates

Current 15 Year fixed mortgage rates rate changes: Never; fully fixed for entire term. benefits: Stable payments; builds equity faster; lower total interest costs than 30-year term. Alternative Strategy: Consider 30-year term and prepaying loan to preserve cash-flow flexibility. Useful for:.

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View today’s mortgage rates for fixed and adjustable-rate loans. Get a custom rate based on your purchase price, down payment amount and ZIP code and explore your home loan options at Bank of America.

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The current 15 year fixed mortgage rate from many companies is about 4.25%. This is not the same rate for all companies because some have special deals on for particular customers.

Your lender wants to make sure that the real estate taxes on your home are current and paid at all times. Depending on the type of loan you have, your principal payment may be fixed for the 15-year.

How 15-Year Fixed Mortgage Rates Stack Up Against Other Mortgage Rates . Mortgage rates tend to be lower with 15-year fixed mortgages than 30-year fixed mortgage rates because lenders take into consideration that you’ll pay back the loan in a shorter amount of time.

Rates and program information are deemed reliable but not guaranteed. Rates on this page are based on the purchase of a single-family, single-unit, detached, primary residence located in Richmond, VA (home of SunTrust Mortgage, A Division of SunTrust Bank). Rates also assume a 30 day lock and are subject to change without prior written notice.

The 30-year fixed-rate mortgage averaged 4.10% for the week ending May 9, 2019, down from last week’s rate of 4.14%. A year ago, the rate was 4.55%. The 15-year FRM averaged 3.57% this week, sliding.

View and compare urrent (updated today) 15 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates.

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July 7,2019 – Compare Virginia 15-Year Fixed Jumbo Mortgage Rates with a loan amount of $600,000. To change the mortgage product or the loan amount, use the search box to the right. Click the lender name to view more information.