An overview of the 15-year fixed mortgage rates

The 15-year fixed mortgage rate, as the name suggests, is a fixed rate of interest on repayment that stays uniform for a tenure of 15 years. It is a good option for people who have a good credit score and a stable income. One of the main reasons to opt for a 15-year fixed mortgage rate is the amount that goes out of your account monthly. Since it stretches over a period of 15 years, it does not add up to large sums of money that go out of your pocket every month. In addition, the changing condition of the market won’t affect your rate since it is fixed and you may easily put it as a significant expense in your monthly budget. Also, when you compare it to a 30-year period, the interest rates are lower, thereby making it an excellent choice for people who want to repay their loans off faster by saving more money on repayment.

Different mortgage lenders offer different 15-year fixed mortgage rates. The rates change as per the performance of the market. Keep checking the official websites to get the decided rates for that day. Following are the most recent rates offered by three top lenders:

  • Quicken Loans
    The interest rate for a 15-year fixed mortgage is 4.125% while the Annual Percentage Rate (APR) is 4.577%. The rates are one of the best in the market and take in consideration parameters such as single-family, primary residence, possession of an escrow account, and a credit score of 740.
  • Wells Fargo
    Wells Fargo is a trusted lender and in order to avail of the best 15-year fixed mortgage rates of 4.250% (interest rate) and 4.808% (APR), you need to have a good credit score. For 15-year fixed rates of jumbo loans, the interest rate is 4.375% and the APR is 4.412%. The mortgage rates are dependent upon your current financial situation and the condition of the market. Hence, it is advisable to call the agent to get the best rates.
  • JP Morgan Chase
    The 15-year fixed mortgage rates offered by Chase are 4% and the APR is 4.149%, which is quite low as compared to the other lenders. These rates are not available in every state and are drawn out keeping in mind parameters such as single family residence, down payment of 20%, excellent credit score, purchase loan and conforming loan amounts between $200,000 to $249,999.

YOU MAY ALSO LIKE

  • Best clearance sale offers on casual dresses for women over 60
    The desire for shopping is in everyone, and that is one thing that doesn't change with age. For women between the age of 20 to 40, there are umpteen clothing choices, but the options start to narrow down once you shop for casual dresses for women over 60 and the cost could feel heavy on the pocket as well. So, if you are in your sweet 60’s and would love to dress well, the best way to go about it is to look for clearance sales to purchase casual clothes at affordable prices. What is a clearance sale? A clearance sale is an event at a store, during which the store sells products at a price lower than usual. This is mainly a rebate on the surplus stock throughout the store, or a particular brand that needs to get off and clear the inventory and refill with the new. These clothes are new and are offered at a discounted price, which could work out well for you. Many shopping sites and stores conduct clearance sale as a routine. And it is the best idea to buy casual dresses for women over 60, summer dresses from here.  Women over 60 love wearing  sundresses. Read on to know the best places that sell casual dresses  for women over 60: 
    • Go for the best of such deals at Dressbarn's  Dressbarn's selection of on-sale items is the best way to add stylish pieces to your wardrobe when you're on a strict budget. Some of the top picks are offered at a whopping discount of almost 30% to 50%. The clearance sale provides a fantastic variety of their clothing collection, which are great when it comes to the color, size or the style. The clothes are fashionable and trendy and are one of the best ways to buy casual dresses for women over 60 cheap and at good quality.
    • It is now or never with JCPenney JCPenney is another online store that is offering the best clearance sale by having a discount on women's clothing. It offers terrific deals on everything from tops to bottoms to dresses and more. Loose fitted tops and maxi dresses that allow a senior to look graceful apart from being comfortable are also available.To give a perspective on the kind of discount available, consider if a clothing item costs for about $33, then during a clearance sale, the price of the apparel could come down to just $9. This is not only incredibly affordable but also it saves a lot of money for you to buy casual clothes in plenty for the same amount of price. Head on to their great women's clothing store and help yourself get the best dress you like at a huge discounted price.
    • Hop along to shop more at Dillard’s The Dillard’s are another online store that offers casual dresses for women over 60. The women's collection features apparel according to preference, and it is wise to shop from the plus size section of this brand as they are comfy clothes. They are casual wear with a hint of style, which elevates the look to an entirely new level. The dresses or the skirts of this particular brand are lightweight and overtly intricate with patterns and motifs, which suits an elderly woman. Also, these clothes are on clearance, and the price range is very much affordable.
    So, all you need to do is, watch out for such fantastic deals to buy the best clothes at pocket-friendly prices. The best way to do is to subscribe to newsletters of these sites so that you stay updated with all the new trending seasonal collections and the sale offers.
  • Comparing chest freezers and commercial upright freezers
    A freezer is an absolute necessity for business owners who deal with food items that need to be stored at low temperatures for optimizing their lifespan. These freezers work well at home as well for households with large families or for those households who have limited freezer space in their refrigerators. When in the market to buy a freezer, you may always be at crossroads when it comes to choosing between chest freezers and upright freezers. Each of the freezer categories has its advantages and should be selected depending on one’s needs and budget. Here is a comparison of the two to help you decide which one to buy. Storage capacity, price, and energy consumption Chest freezers win the comparison when it comes to the storage capacity as compared to commercial upright freezers. The chest models help you utilize the maximum space available as compared to the vertical models. Owing to the sidewall insulation technology, chest freezers are more energy efficient. This helps in maintaining low temperatures well and thereby using less power to run a chest freezer. Upright models with an auto defrost feature uses up more energy as compared to the chest models that mostly use a manual defrosting mechanism. When it comes to the cost, commercial upright freezers are more expensive than the chest models. One of the features that make it more expensive is the frost free feature that keeps any unnecessary ice from building up inside the freezer and the things stored in it. Convenience features A lot of people prefer commercial upright freezer commercial upright freezers over chest freezers owing to the convenience of taking out the items placed in them. Chest models require the person to bend to take out anything from the freezer. This can be inconvenient especially when one needs to take out the items that are right at the bottom. In terms of the organization, many upright freezers come with the option of adjustable shelving and racking. This helps you change the arrangements of the rack according to your needs and the sizes of the items you store in it. However, chest models are all the more convenient as it can store items of any size and shape. Installation Requirements When buying either of the freezer models, you need to keep in mind the spot in which the freezer is going to be placed at. Chest freezers take more floor space than upright ones. In the case of chest freezers, you need to make sure that there is ample space in the freezer so that the door can be opened fully without any hindrance if it opens upwards. This space above shouldn’t be a problem if the chest freezer has a sliding door. Also, consider the dimensions of the chest, and whether or not it can be placed at the spot, you plan to keep it. Sometimes the freezer may be too broad to pass through the door, keep this in mind when buying a chest freezer. Apart from the overhead and floor space commercial upright freezers take up, you need to also consider some space as part of the distance between the fridge and the wall behind it if any. If the model of upright freezer you are looking at has reversible door features, then decide which side you want the door to open to before installing it. If the freezer does not have that option, then you need to consider the place where you intend to place it to avoid any hindrance from the door being opened to the fullest. These are some of the points you can keep in mind when deciding between the chest and upright models.
  • Get Yourself the Best Traeger Grill Model
    Are you a fan of smoked, grilled, barbequed, and roasted food? Then you can definitely consider making a Traeger Grill part of your kitchen. Traeger is one of the most popular companies for kitchenware and their range of grills are sure to add the distinct well-smoked flavor to your food. Following are some of the best Traeger Grill models that you can consider purchasing
    • Timberline 1300 Pellett Grill The Timberline 1300 Pellett Grill is the most popular Traeger Grill. You can use features such as the Super Smoke mode and the in-built TRU Convection system to make your food even tastier. The grill maintains just the perfect temperature, which goes up to 500 degrees Fahrenheit. You can also use the controller to navigate your way through the process to get precision grilling.
    • Pro Series 34 Pellett Grill Available in bronze and blue color variants, this particular Traeger Grill is priced at around $999.99. It also comes with wheels, making it quite easy to use outdoors. Additionally, the Advanced Grilling Logic feature helps to maintain a proper temperature for optimal grilling. All you need to become a grilling pro is this model and you can get your favorite food smoking in no time.
    • Ranger Pellett Grill While the wood-fired flavor that this particular model of grill offers is amazing it, the Ranger Pellet grill offers great portability too. Whenever you want to go for a picnic with your family, you can simply pack it up and grill all your favorite food on holidays. You can enjoy your food in the woods or in the outdoors without much of a hassle. Another distinct feature is the Keep Warm feature, which ensures your food stays warm and of the same quality until you’re ready to eat it.
    • Tailgater Pellett Griller Do you want the conventional package, which is portable? Then the Tailgater Pellett Griller is completely worth it. It comes in three different colors and weighs only around 62 pounds. The EZ-Fold legs make it much easier for you to fold the grill and carry it around. It also comes at an affordable price of around $449.99, making it quite a steal.
    There are plenty of other Traeger Grill models that would fit your varied requirements. There is a grill for every budget and the prices start at around $299.99, going up to $9,855. However, the higher-priced models are mainly for commercial use.  
  • Things to keep in mind while getting student loans
    A student loan is a type of loan formed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. The interest rates on student loans are usually much lesser when compared to other kinds of loans, and the repayment scheme is a little less strict, keeping in mind that the students are still in school while they repay the amount due. Here is a list of important pointers to be kept in mind while getting a student loan: Two kinds: Student loans can usually be classified into two broad categories- federal or private. A federal student loan is the one that is entirely funded by the government, and a private student loan can be attained from a bank or a financial institution. Interest value: It is very important to decide the period of repayment wisely. If one takes a short period to repay the loan, the amount of interest they will have to pay on loan will also be less. The longer the period, the larger the sum of interest becomes. Auto-debit: Once you take a loan, you obviously want to get rid of the hassle of repayment as fast as you can. For this purpose, you can link your account and have it auto-debit the amount of repayment every month. This makes the repayment process fast and easy. The only time you should not consider auto-debit is when you are under a large budget restraint. Scholarships: It seems very hard to get scholarships with the competition around, but it is not impossible. It is not necessary to get a full scholarship, even the smaller amounts help. One can apply for a partial scholarship and cover the rest of the fee with the help of a student loan. Refinancing: Refinancing is the process of attaining a new loan to pay back old and unpaid loans. If you are lucky enough to find a loan with a low-interest rate, your debt amount could reduce by a significant value.
  • Used car dealers – Drive a hard bargain
    Statistics claim that used car sales in the United States are more than double that of the number of new cars sold. This proves that the used car dealer business is not really an uncommon one. A car dealer’s reputation of doing business plays a major role in customer’s minds when they decide to go in for a used car. Because, as the name suggests, used cars or pre-owned vehicles have had one or more owners for it, and the history of the vehicle is an important consideration for its repeat sales. Local used car dealers with a prominent stature in the market would not tamper unnecessarily with the cars and are honorable in their dealings. Sales of used cars happen through franchise or independent car dealers, private individual sales, auctions or via leasing offices. And it is the discretion of these sellers to extend service arrangements or warranty periods of the used vehicles. Cheaper when compared to new cars obviously, used car dealers though take the effort to produce correct paperwork to avoid any kind of future confusion that might arise. Price obviously is the main consideration for most used car buyers, but factors like the durability of the car, its mileage, and ease of drive are scrutinized too. Ensuring the pre-owned car does not necessitate any major repairs immediately after your purchase or factoring in that cost too while budgeting for and investing in a used car is crucial. Used car dealership groups are doing tremendous business because they offer customers with affordable alternatives to owning a car, to enjoy their own independence. Most dealers offer a quote online, through their websites, for the specific make and model of the car you are keen to buy. Enquire and compare finance and part payment options while you do your research. Simple, upfront pricing with no pressured sales strategies will guarantee a hassle free purchase of a pre-owned car from a dealer specializing in used cars. Linger on, visit multiple dealers in different locations, explore your options and drive a hard bargain to get a good deal.
  • Learn how to manage fibromyalgia
    Body ache is a common ailment and is usually not the result of anything serious. However, for some people, their quality of life can be affected. Chronic body pain that stops you from doing things you used to, fatigue and 'brain fog' that causes poor concentration and short-term memory, are definitely signs of something worth checking out. If these symptoms sound familiar to you, you could be suffering from fibromyalgia. A visit to the doctor and a few tests can rule out other health conditions. Fibromyalgia symptoms are similar to those of other illnesses, so getting yourself checked is important. The causes are as yet unknown but genetics, illness, injury, and even psychological problems like mental stress may lead to it. Symptoms include body pain, headaches and migraines, fatigue and cognitive problems like an inability to concentrate and pay attention. Managing fibromyalgia Fibromyalgia has no cure, but patients can learn to control it by making changes to their lifestyle. Managing fibromyalgia symptoms is the goal as they can be debilitating for some patients. While doctors may prescribe medication and dietary supplements, there are things you can do to keep the condition under control. Exercise: An active lifestyle helps minimize symptoms. Light aerobic exercises such as walking are believed to be beneficial. Perform stretching exercises before going for a walk. Start slow and track your progress. You can slowly push up the intensity once you feel fitter. Speak to your doctor before beginning an exercise program. Prepare for sleep: Proper sleep can leave you feeling energized and strong. If you sleep poorly or have difficulty falling asleep, you may need to make a few adjustments to your pre-sleep routine. Cut out the caffeine and alcohol a few hours before going to bed. If you need to nap during the day, sleep no more than 20 minutes. Try to sleep at the same time every night to get used to a routine. Check alternative treatments: Doctors may prescribe several alternative treatments. A massage helps reduce pain in the muscles and tissues and improve circulation. It may even improve sleep. Reduce stress: The demands of modern living can be extremely stressful and this may contribute to fibromyalgia. Learn to reduce stress by limiting overexertion and give time to yourself to relax. Maintain a healthy diet: Including healthy food in your diet, limiting alcohol and too much caffeine may reduce symptoms of fibromyalgia. It can also boost energy levels and provide clarity of mind. Fibromyalgia doesn't have to restrict you from living life to the fullest. Get yourself checked to find out if you have the condition. Your doctor will do a check of fibromyalgia tender points and examine the other symptoms you have. He or she will also prescribe a treatment plan. In the meantime, you can follow some of the tips given above. They may help you manage your symptoms so that you can live an improved quality of life.