30 year vs 15 year mortgage rates

Mortgage rates ease again, but remain higher than this time last year: Mortgage Rates 30-Year vs 15-Year - Which Saves You Th

Mortgage Rates 30-Year vs 15-Year - Which Saves You Thousands

A 15-year fixed mortgage can save up to $50,000 in interest versus a 30-year loan on a $300,000 home. The shorter term also locks in a lower rate, reducing the lifetime cost of borrowing. As rates ease in 2025, the decision becomes even more impactful for budget-focused families.