For today, Monday, June 27, 2022, the national average 15-year fixed mortgage rate is cooled down compared to last week’s.

Bankrate  helps because it offers a well below the national average to help to finance your home in less cost.

The average rates tend to be volatile, and it helps consumers to identify day-to-day movement.

Rates are usually lower for 30 year Mortagages than 15 year fixed Mortagages.

A 15 year Mortagages is much better than a 30 year Mortagages because you can save money and build home equity faster.

Monthly payment of short term mortagages (15 years) is higher than long term mortagages (30 years).

 15 year mortages is better because it needs short time to Pay off  because it is a relief for the lenders.


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