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15 Year Fixed Mortgage Rates: current mortgage rates from lenders in the HSH editorial survey

15-Year Fixed

Mortgage Rates for May 15 - 22 , 2015*

Product Interest Rate Points National Average
30-Year Fixed 3.97% 0.12 3.97%
15-Year Fixed 3.25% 0.13 3.25%
5/1 ARM 2.95% 0.07 2.95%
*weekly rolling averages

Hide graph data
11/14 12/14 1/15 2/15 3/15 4/15 5/15
15-Year Fixed 3.38 3.34 3.26 3.20 3.25 3.13 3.19
  • 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: Refinancing to lower total interest cost; retiring mortgage more quickly; building or rebuilding equity more quickly
  • Consider if: Buying second home; refinancing to build equity; paying off mortgage before life event (retirement, etc)
  • When shopping, ask about: If 15-year term makes the payment too high, whether 20-year term is available

Displaying results for VA

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  • (2.83% APR)
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Mortgage Rates From 2.75% (3.01% APR)
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Here's a small random sample of loan rates drawn from the survey of objective information we collect every day. Our database contains current data on thousands of loans from lenders coast to coast -- including jumbo loans.

Unlike other 'surveys,' and other Web sites, the below mortgage rates are not advertisements. HSH contacts over lenders across the country every week -- the same objective survey we've conducted for over 30 years. Our data is so reliable that it's used by Fortune 500 companies, government agencies, the media, and other clients.

These are representative of loans which may be offered in your area, but we don't claim that these are the "best" available. There are many factors which make the "best" loan dependent upon your individual circumstance.

Ready to order your comprehensive list of local lenders? We can email the latest mortgage report to you for just $10 (plus $1 s/h). It includes the application fee, APR, rate-lock info, index, margin, and caps on 3 or more loans per lender. Or you can order it as part of our Homebuyer's Mortgage Kit, which is just $20 (plus $3 s/h).

List of Areas List of Areas

To order a report for your area by Phone, just call 1-800-873-2837 (Mon-Fri, 9am-5pm Eastern time); Visa and MasterCard accepted.

All information is Copyright© 2015, HSH Associates, Financial Publishers, Riverdale NJ. All rights reserved.

Lender State Phone Lending Area % down
Rate %
Maximum Loan
BANK OF AMERICA CT 860-616-1920 ALL CONNECTICUT 20 3.125 0.135 650
BANK OF AMERICA HOME LOANS VA 804-788-2121 ALL VIRGINIA 20 3 0.386 417
BANK OF AMERICA MORTGAGE MO 636-305-3370 ALL MISSOURI 20 3.25 0.195 650
BANK OF THE WEST OR 503-224-7066 ALL OREGON 20 3.375 0.125 650
BBVA COMPASS BANK AZ 602-522-2580 ALL ARIZONA 20 3.25 1 417
BBVA COMPASS BANK AZ 602-522-2580 ALL ARIZONA 20 3.625 1 1000
BMO HARRIS BANK AZ 480-496-8350 ALL ARIZONA 20 3.375 0 417
BMO HARRIS BANK MO 314-621-0000 ALL MISSOURI 20 3.75 0 1000
CHASE BANK FL 727-518-0449 ALL FLORIDA 20 3.25 0.375 417
CHASE BANK AZ 480-324-1354 ALL ARIZONA 20 3.5 0.125 1000
FIFTH THIRD BANK OH 800-972-3030 ALL OHIO,KY,IN 20 3.375 0 417
HART WEST FINANCIAL, INC AZ 480-596-5151 ALL ARIZONA 25 2.875 0 417
KEY BANK CO 303-744-3228 ALL COLORADO 25 3.25 0 417
ORITANI BANK NJ 201-664-5400 ALL NEW JERSEY 30 3 0 750
SANTANDER BANK PA 610-526-6379 EASTERN PA 20 3.125 0 1000
SANTANDER BANK PA 610-526-6379 EASTERN PA 5 2.99 0 417
US BANK HOME MORTGAGE MO 314-206-2370 ALL MISSOURI 20 3.625 0 1000


Be sure to see our other loan samples:
30-Year FRMs1-Year ARMs5/1-Year Hybrid ARMs


  • All interest rates and terms are subject to change without notice.
  • These lenders offer many different loan programs. If you want one that isn't listed, contact the lender directly.
  • The conforming loan limit for a one-family home is $417,000; two- to four-family homes have higher loan amounts.
  • Lenders which offer conforming loans almost always offer jumbo loans as well.

Column heading key

Lender: The institution. If a credit union, you'll need to contact them for membership information and details.

State: The state in which the lender is located.

Phone: The lender's contact number.

Lending Area: The area which the listed office serves.

Adjustment Period: How often the interest rate adjusts (in years).

Term:The total term of the mortgage.

Down Payment: The required down payment for the listed loan.

Interest Rate: The interest rate being charged for the listed loan.

Points: A fee, expressed as a percentage of the loan amount.
One point is equal to a 1% fee; a 1% fee on $100,000 would be a $1000 fee.

Maximum Loan: The maximum dollar amount available at the listed rates and terms.

Index Used: The name of the index used to govern rate changes.