Note that rates on 15-year mortgages tend to be lower than rates on 30-year loans, but higher than rates on 10-year loans. The current average rate on a 15-year refinance is 6.75% compared to the ...

Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of ...

If your budget allows for higher monthly payments, a 15-year mortgage offers a faster path to homeownership at a lower interest rate.

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. The 15-year mortgage, though not as popular as the ubiquitous 30-year mortgage, is a solid money ...