15-Year Mortgage Rates Today
15-year mortgage rates stand at 6.09% in the latest published reading of September 10, 2026, according to Freddie Mac Primary Mortgage Market Survey via FRED. 15-year mortgage rates today from the Freddie Mac survey, the current gap versus the 30-year fixed, the 12-month range, and what the shorter term costs and saves.
15-year fixed
6.09%
Freddie Mac Primary Mortgage Market Survey via FRED, observation of September 10, 2026.
- One month ago
- 5.96%
- One year ago
- 5.50%
- 12-month high
- 6.09%
- 12-month low
- 5.35%
| Series | Now | Observed | 1 month ago | 1 year ago | 12-month change | 12-month range |
|---|---|---|---|---|---|---|
| 15-year fixed | 6.09% | 5.96% | 5.50% | +0.59 pts | 5.35% – 6.09% | |
| 30-year fixed | 6.76% | 6.67% | 6.35% | +0.41 pts | 5.98% – 6.76% | |
| 10-year Treasury yield | 5.00% | 4.68% | 4.05% | +0.95 pts | 3.97% – 5.00% |
Sources: Freddie Mac Primary Mortgage Market Survey via FRED; Freddie Mac Primary Mortgage Market Survey via FRED; U.S. Treasury via FRED.
What moves 15-year mortgage rates
- The same Treasury benchmark as the 30-year, but with a shorter expected life, which is why the 15-year almost always prices below it.
- The size of that gap. It is not fixed: it widens when investors want duration and narrows when they do not.
- Lender appetite for shorter loans, which pay less total interest and therefore earn less over the life of the loan.
We publish what has been observed and who published it. We do not forecast where this rate goes next.
Price a 15-year against a 30-year on your file
The right term depends on your income stability and what else you would do with the difference. Get lender quotes for both.
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Frequently asked questions
How much lower are 15-year mortgage rates?
Both averages are shown side by side in the table on this page, with the current gap in percentage points, taken from the same weekly Freddie Mac survey.
Is a 15-year mortgage worth the higher payment?
It roughly doubles principal repayment speed and cuts lifetime interest sharply, but the monthly payment is substantially higher and cannot be reduced later without refinancing. It suits stable income and no higher-rate debt elsewhere.