15 Yr Fixed Refinance Mortgage Rates Today’s low interest rate for a 15-year fixed is 3.625% (4.087% apr), and the interest rate for a 30-year fixed is 4.125% (4.391% APR). Why You Should Choose Quicken Loans You’ll get a completely online application process with less paperwork, and you can track the status of your mortgage application.

20 year fixed mortgage rates. Nationally, 20 Year Fixed Mortgage Rates are 3.67%. This rate was 3.62% yesterday and 3.60% last week.

Why home buyers could see bidding wars if this trend continues

20-Year Fixed mortgage rates 2019. compare washington 20-year Fixed Conforming Mortgage rates with a loan amount of $250,000. Use the search box below to change the mortgage product or the loan amount. Click the lender name to view more information. Mortgage rates are updated daily.

20 Year Fixed Rates What Is A Low Mortgage Rate A mortgage rate is the rate of interest charged on a mortgage. Mortgage rates are determined by the lender and can be either fixed, staying the same for the term of the mortgage, or variable.A 20 year fixed rate mortgage offers a lower interest rate than a 30 year fixed. With the lower interest rate and with more of the monthly payment going toward the principal, you will pay less in interest over the life of the loan.

HSH can supply detailed statistical series with rates, points, effective rates, averages of other fields, calculated APRs, and more. Our mortgage rate histories go back over 20 years — the most complete and comprehensive archive available.

The U.S. mortgage delinquency rate fell to 4% of all loans in January, the lowest rate in 20 years, according to CoreLogic’s Loan Performance Insights Report. That’s down 0.9 percentage points.

But because the interest rate on a 15-year mortgage is lower and you're paying off the. a 30-year term and 15-year term on a $250,000 home with 20% down.

Say you’re looking at a $200,000, 20-year, fixed-rate mortgage with an interest rate of 4%. You’ll pay $1,211 per month and cough up a total of $90,992 in interest. Compare this with a 30-year fixed-rate mortgage at 4.5% – remember, the interest rates are higher for longer terms.

20-Year Mortgage Rates. A 20-year mortgage rate is attractive to borrowers who are looking for an unchanging mortgage payment for a specific period of time. A 20-year fixed-rate mortgage will generally have a lower interest rate than a 30- or 40-year mortgage. You could spend less money on interest over the life of a 20-year mortgage loan as well.

Over the past 20 years, rates for 30-year fixed rate mortgages have largely remained in the single digits, peaking at 8.64% in May of 2000. Get Multiple Mortgage Offers at Once LendingTree can help you find and compare mortgage rates, all without affecting your credit.

Mortgages come in various repayment terms, including fixed-rate loans of 10, 15, 20, 30 or 40 years. Another option is an adjustable-rate mortgage, or ARM, which has an initial, fixed-rate.

A 15-year mortgage costs you less since the total interest paid is less than a. Both have fixed rates and fixed payments over their terms.. when you put a down payment that's smaller than 20% of the value of the home.