One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.

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 ...

On Friday, 30-year mortgage rates shed points for the third market day in a row. The new average stands at 6.76%. Rate ...

After ticking higher the previous day, 30-year mortgage rates dropped slightly on Wednesday. Average rates for most other ...

The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what's ...

A typical monthly housing payment hit a record high during the last four weeks ending March 23, according to a study by ...

A 15-year mortgage means larger monthly payments, but a lower interest rate. A 30-year mortgage offers a more affordable monthly payment, but you’ll pay more in interest. Over time, a 30-year ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week, pushing the average rate to 5.83% from 5.8% last week. A year ago ...