20 Year Fixed Mortgage Rates History NEW YORK (CNNMoney) — Mortgage rates have never been cheaper, with the 30-year rate falling below 4% for the first time in history. The interest rate on a 30-year fixed-rate loan fell to 3.94% this.

The 15-year. rates helped juice mortgage applications, according to the latest data from the Mortgage Bankers Association. The market composite index – a measure of total loan application volume -.

Check out the mortgage rates charts below to find 30-year and 15-year mortgage rates for each of the different mortgage loans U.S. Bank offers. If you decide to purchase mortgage discount points at closing, your interest rate may be lower than the rates shown here.

 · January 28, 2016 – A lot of people ask whether a 15 or 30 year mortgage is best and we’re here today to share some important facts about each mortgage type. Once you’ve learned the definition of each mortgage, you’ll be able to compare and contrast them more effectively. We hope to empower you as a borrower by giving you the ability to choose the mortgage which is just right for.

Today’s low interest rate for a 15-year fixed is 3.5% (3.96% APR), and the interest rate for a 30-year fixed is 3.99% (4.253% 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.

The 15-year fixed-rate average slipped to 3.25 percent with an average 0.4 point.. The federally chartered mortgage investor aggregates current rates. The refinance share of mortgage activity accounted for 50.2 percent of.

Rates remain far above last year’s levels, however. The key 30-year rate averaged 3.99 percent a year ago. The average rate for 15-year fixed-rate. and the slide in mortgage rates also prompted a.

View current home loan rates and refinance rates for 30-year fixed, 15-year fixed and more. Compare rates to find the right mortgage to fit your goals.