Is a 15-year fixed-rate mortgage right for you?

About 15-Year Fixed Mortgage Rates

The 15 year fixed mortgage rate loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year mortgage rate loan, plus a lower interest rate and you’ll own your home twice as fast. The disadvantage is that, with a 15-year fixed mortgage rate loan, you commit to a higher monthly mortgage payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years.

I’m here to make the home loan process easier, with tools and knowledge that will help guide you along the way. Start by calling or texting me at 619-459-5700, emailing me or scheduling a 15 minute phone consultation here.

I’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer. You can complete our simple 15-Year Fixed Mortgage Rate Qualifier however to get the most up to date mortgage rates and the best rate for your personal circumstance, I recommend we connect.

When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.