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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 Mar. 20 - 27 , 2015*

Product Interest Rate Points National Average
30-Year Fixed 3.79% 0.15 3.79%
15-Year Fixed 3.15% 0.10 3.15%
5/1 ARM 2.97% 0.09 2.97%
*weekly rolling averages

Hide graph data
9/14 10/14 11/14 12/14 1/15 2/15 3/15
15-Year Fixed 3.47 3.43 3.38 3.34 3.26 3.20 3.26
  • 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

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Mortgage Rates From 3.25% (3.14% 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 %
Points
Maximum Loan
$1,000
ASTORIA FEDERAL SAVINGS NY 914-693-2011 RCK,ORNG,WSTC,DTCH,PTNM,ULS 20 2.875 0 417
BANK OF THE WEST CO 303-202-5521 ALL COLORADO 20 3 0.25 417
BBVA COMPASS BANK AZ 602-522-2580 ALL ARIZONA 20 3.125 1 1000
CONNECT ONE BANK NJ 201-816-8900 ALL NEW JERSEY 20 2.99 0 417
CONNECT ONE BANK NJ 201-816-8900 ALL NEW JERSEY 25 3.25 0 1500
DEARBORN FEDERAL SAVINGS BK MI 313-565-3100 DEARBORN METRO 10 3 0 417
GIBRALTAR SAVINGS BANK NJ 973-515-0885 ALL NEW JERSEY 10 3.125 0 417
HANCOCK BANK FL 904-538-8040 ALL FLORIDA 20 3.5 0 1500
HANCOCK BANK FL 904-538-8040 ALL FLORIDA 10 3 0 417
HUNTINGTON MORTGAGE COMPANY OH 513-841-2800 ALL OHIO,KY 20 3.625 0 650
NBT BANK NY 607-337-2265 ALL NEW YORK 20 3 0 600
NBT BANK NY 607-337-2265 ALL NEW YORK 5 3 0 417
QUICKEN LOANS MI 313-373-3000 ALL MICHIGAN 20 3.875 0 417
UNIVERSAL LENDING CORP CO 303-758-4969 ALL COLORADO 5 3.375 0 417
WEBSTER BANK CT 860-244-8002 ALL CONNECTICUT 20 3.25 0 650
WEBSTER BANK MA 508-679-8181 ALL MASSACHUSETTS,RI 20 3.25 0 650
WEBSTER BANK MA 508-679-8181 ALL MASSACHUSETTS,RI 10 2.99 0 417
WELLS FARGO HOME MORTGAGE MN 612-667-2178 ALL MINNESOTA 20 3.25 1 1000
WELLS FARGO HOME MORTGAGE MN 612-667-2178 ALL MINNESOTA 10 3 1 417
WHITNEY BANK TX 713-951-6120 HOUSTON METRO 20 3.375 0 417

 

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

Notes:

  • 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.