15-year mortgage rate
Freddie Mac’s weekly average for a 15-year fixed mortgage.
What moves it
The same bond-market forces as the 30-year average, usually at a lower rate.
How it affects you
A shorter term usually means a higher payment and less interest over the life of the loan.
Source: Freddie Mac PMMS via FRED. Figures on the rates page are loaded live. This guide does not predict the next move.