May 5, 2023

Compare 15 Year fixed mortgage Rates

Mortgage Rates Today, Monday, July 18: 15-year Fixed and 5/1 ARMs Move Higher Adjustable-rate loans, particularly 5/1 ARMs, are showing the most movement Monday in a survey of mortgage rates offered by national lenders, according to NerdWallet. Thirty-year fixed-rate mortgage rates are unchanged, while 15-year loans are priced slightly higher today.

The NerdWallet Mortgage Rate Index compiles annual percentage rates — lender interest rates plus fees, the most accurate way for consumers to compare rates. Here are today’s average rates for the most popular loan terms:

(Change from 7/15)

15-year fixed: 3.03% APR (+0.02)

5/1 ARM: 3.43% APR (+0.04)

15-year fixed: 3.06% APR (+0.01)

5/1 ARM: 3.45% APR (+0.04)

Wells Fargo, Chase and BOA mortgage rates

Three major components of the NerdWallet Mortgage Rate Index are leading lenders Wells Fargo, Chase and Bank of America. Their current purchase mortgage rates are:

NerdWallet daily mortgage rates are an average of the published APR with the lowest points for each loan term offered by a sampling of major national lenders. Annual percentage rate quotes reflect an interest rate plus points, fees and other expenses, providing the most accurate view of the costs a borrower might pay.

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Source: www.nerdwallet.com