What is the Current 15 year Mortgage RateWhich is the current 15-year mortgage rate?
Examine today's mortgage rates on fixed mortgages, variable interest, FHA, VA and Jumbo fixed rates.
If you know that you want a fixed-rate mortgage that gives you the certainty of foreseeable montly repayments, an interest rate and a non-varying repayment, and want to repay your mortgage in half the life of a 30-year fixed-rate mortgage, a 15-year fixed-rate mortgage may be your best bet.
A 15-year fixed-rate mortgage could be the house finance scheme that suits your needs, if you want your house to pay off before you start to pay your study fees, or if you're considering taking early retirement. 15-year fixed-rate mortgages could be the house finance scheme that suits your needs. No matter whether you're a first-time purchaser looking for a first mortgage, an upgrader who upgrades or modifies houses, or need to fund your current mortgage with a 15-year fixed-rate mortgage, you'll get all the advantages of a conventional 30-year fixed-rate mortgage and more.
With a 15-year fixed-rate mortgage, you can easily relax and know that your mortgage will never rise over the years. Dependable montly payments: In contrast to other mortgage type, one of our 15-year old mortgage loans gives you the opportunity to know exactly how much your mortgage is going to be each and every months.
A further advantage is that your interest rate is lower in comparison to a 30-year mortgage, plus you will be paying your home mortgage more quickly. Irrespective of any variations that may occur in the mortgage markets over the course of the years, your interest rate will never rise during the term of your mortgage. Accelerate mortgage repayments:
With the added advantage of lower interest rates over the life of your mortgage, choosing a 15-year fixed-rate mortgage allows you to repay your mortgage faster. It can be advantageous for home buyers who are retiring or want to repay their home mortgage before having to foot the bill for their family.
Choosing one of our 15-year fixed-rate mortgage products allows you to accumulate capital faster than choosing a 30-year fixed-rate mortgage. If you would like to find out more about our 15-year fixed-rate mortgage, or if you are interested in finding out more about our variable-rate mortgage or one of our mortgage categories, please do not hesitate to get in touch with Elmira Savings Bank today.
Are you willing to bid for a 15-year fixed-rate mortgage? Launch your safe mortgage request now! The Elmira Savings Bank is an equitable housing lender dedicated to providing each borrower with equitable and equitable access throughout the loan origination and approvals processes as set out in the ECI and ACT.
Loan and object approvals are required for all mortgage product.