Your interest rate is dependent upon your credit score and the LTV of your mortgage.. We offer a 15 or 30-year fixed rate Conventional Refinance Mortgage or.

Current 20 Yr Refinance Rates

 · Compare 15-Year fixed mortgage refinance Rates – April 17,2019 – Compare Virginia 15-Year fixed refinance mortgage refinance rates with a loan amount of $250000. To change the mortgage product or the loan amount, use the search box on the right.

The nationwide average rate on 15-year loans stood at about 4 percent. To illustrate, monthly payments for principal and interest would total $1,025 if you obtained a $200,000 mortgage at the.

Latest News On Mortgage Interest Rates Chart 30 Year Mortgage Rates

It will also help you calculate how much interest you’ll pay over the life of the loan. The average 15-year fixed-mortgage.

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.

It was 3.89 percent a week ago and 3.43 percent a year ago. The 30-year fixed rate has fallen the past three weeks. The 15-year fixed-rate average remained. consumers can expect a stable interest.

Should you refinance a 30 year VA Loan to a 15 year mortgage?. For example, most 15 year mortgages have slightly lower interest rates, larger. But it's something to consider if you have a low fixed-rate mortgage payment.

A 15 year fixed year mortgage is a loan that will be completely paid off in 15 years assuming all payments are on schedule. As the name implies, this type of mortgage has a fixed rate, which keeps the payment and interest rate the same for as long as you hold the mortgage.

Fixed-rate mortgages are the simplest and most popular home loans, and they prevent the surprises that can come with adjustable-rate mortgages when your interest rate is subject to increase. But you still have a choice to make. Should you take out a 15-year mortgage or a 30-year mortgage?

30-Year vs. 15-year fixed-rate. As of 2015, nearly 70% of homeowners with a mortgage reported that their term length was between 28 and 32 years, while only 11% reported having a mortgage with a term between 13 and 17 years. Below is an example of the cost differential for 15-.