15 YEAR MORTGAGE RATES FORECAST FOR NEXT WEEK, MONTHS

Updated: 2023/11/30

15-Year Mortgage Rates Today

Here is a fixed-rate mortgage for 15 years. The U.S. mortgage Freddie Mac calculates and publishes rates once a week.

15-year mortgage rate for the last 4 weeks below.

Date	Rate
2023/11/30	6.56
2023/11/22	6.67
2023/11/16	6.76
2023/11/09	6.81
2023/11/02	7.03

The latest 15-year mortgage rate averaged 6.56% while last week it averaged 6.67 percent. 2 weeks ago the rate was at 6.76 and 4 weeks ago it was at 6.81%.

15-Year Mortgage Rates Forecast For Next Weeks

This table shows the forecasted 15-year mortgage rates for the upcoming weeks. Each row represents a week and includes the date, the ahead time (in weeks), the low rate, the high rate, and the average rate. The low and high rates represent the range of possible mortgage rates for that week, while the average rate represents the forecasted mortgage rate for that week. The mortgage rates can have a significant impact on the housing market.

Date	Ahead	Low	High	Rate
12/07	1W	6.26	6.64	6.45
12/14	2W	6.38	6.78	6.58
12/21	3W	6.51	6.91	6.71
12/28	4W	6.40	6.80	6.60
01/04	5W	6.82	7.24	7.03
01/11	6W	6.93	7.35	7.14
01/18	7W	6.74	7.16	6.95
01/25	8W	6.79	7.21	7.00
02/01	9W	6.63	7.05	6.84
02/08	10W	6.69	7.11	6.90
02/15	11W	6.37	6.77	6.57
02/22	12W	6.31	6.70	6.50
02/29	13W	6.30	6.68	6.49
03/07	14W	6.35	6.75	6.55
03/14	15W	6.44	6.84	6.64

15-year mortgage rate predictions for next week. The maximum mortgage rate is expected to be 6.64%, while the minimum is 6.26%. The average rate is 6.45%, which is -0.11 points to today's value.

15-year rate forecast for December 14.
The maximum mortgage rate is expected to be 6.78%, while the minimum is 6.38%. The average rate is 6.58%, which is +0.02 points to today's value.

15-year mortgage rate predictions for December 21.
The maximum mortgage rate is expected to be 6.91%, while the minimum is 6.51%. The average rate is 6.71%, which is +0.15 points to today's value.

15-year rate forecast for December 28.
The maximum mortgage rate is expected to be 6.80%, while the minimum is 6.40%. The average rate is 6.60%, which is +0.04 points to today's value.

15-year mortgage rate predictions for January 4.
The maximum mortgage rate is expected to be 7.24%, while the minimum is 6.82%. The average rate is 7.03%, which is +0.47 points to today's value.

15-year rate forecast for January 11.
The maximum mortgage rate is expected to be 7.35%, while the minimum is 6.93%. The average rate is 7.14%, which is +0.58 points to today's value.

15-year mortgage rate predictions for January 18.
The maximum mortgage rate is expected to be 7.16%, while the minimum is 6.74%. The average rate is 6.95%, which is +0.39 points to today's value.

15-year rate forecast for January 25.
The maximum mortgage rate is expected to be 7.21%, while the minimum is 6.79%. The average rate is 7.00%, which is +0.44 points to today's value.

15-year mortgage rate predictions for February 1.
The maximum mortgage rate is expected to be 7.05%, while the minimum is 6.63%. The average rate is 6.84%, which is +0.28 points to today's value.

15-year rate forecast for February 8.
The maximum mortgage rate is expected to be 7.11%, while the minimum is 6.69%. The average rate is 6.90%, which is +0.34 points to today's value.

15-year mortgage rate predictions for February 15.
The maximum mortgage rate is expected to be 6.77%, while the minimum is 6.37%. The average rate is 6.57%, which is +0.01 points to today's value.

15-year rate forecast for February 22.
The maximum mortgage rate is expected to be 6.70%, while the minimum is 6.31%. The average rate is 6.50%, which is -0.06 points to today's value.

15-year mortgage rate predictions for February 29.
The maximum mortgage rate is expected to be 6.68%, while the minimum is 6.30%. The average rate is 6.49%, which is -0.07 points to today's value.

15-year rate forecast for March 7.
The maximum mortgage rate is expected to be 6.75%, while the minimum is 6.35%. The average rate is 6.55%, which is -0.01 points to today's value.

15-year mortgage rate predictions for March 14.
The maximum mortgage rate is expected to be 6.84%, while the minimum is 6.44%. The average rate is 6.64%, which is +0.08 points to today's value.

Mortgage Rates Predictions 2023, 2024-2026.

Historical Mortgage Rates.

How is the 15-year mortgage rate forecast important for homebuyers?

The 15-year mortgage rate is important for homebuyers because it can offer significant savings in interest payments compared to a 30-year mortgage. While a 15-year mortgage typically has higher monthly payments than a 30-year mortgage, the shorter loan term means that borrowers pay less interest over the life of the loan. This can save borrowers tens of thousands of dollars in interest payments and allow them to pay off their mortgage more quickly. Additionally, a lower interest rate on a 15-year mortgage can make it more affordable for homebuyers to purchase a more expensive home. Therefore, the 15-year mortgage rate forecast is an important factor for homebuyers to consider when determining the affordability and overall cost of homeownership.

The rates and forecast are updated weekly (Thursdays).