15 Year Mortgage Rate 5.95 for
15 Year Mortgage Rate came in at 5.95 (Percent) for Wk of Aug 20 2026, down 0.17% from 5.96 the prior week and 4.20% above its level of 5.71 one year ago. The series has averaged 5.26 since 1991, reaching a record high of 8.89 in December 1994 and a record low of 2.1 in August 2021.
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<iframe src="https://marketxls.com/embed/indicators/15-year-mortgage-rates" width="100%" height="460" frameborder="0" title="15 Year Mortgage Rate chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/15-year-mortgage-rates" rel="nofollow">15 Year Mortgage Rate chart - MarketXLS</a></p>Historical Data
⋮ | ⋮ |
|---|---|
| August 20, 2026 | 5.95 |
| August 13, 2026 | 5.96 |
| August 6, 2026 | 6.01 |
| July 30, 2026 | 6.04 |
| July 23, 2026 | 5.96 |
| July 16, 2026 | 5.93 |
| July 9, 2026 | 5.82 |
| July 2, 2026 | 5.79 |
| June 25, 2026 | 5.84 |
| June 18, 2026 | 5.81 |
| June 11, 2026 | 5.84 |
| June 4, 2026 | 5.79 |
| May 28, 2026 | 5.87 |
| May 21, 2026 | 5.85 |
| May 14, 2026 | 5.71 |
| May 7, 2026 | 5.72 |
| April 30, 2026 | 5.64 |
| April 23, 2026 | 5.58 |
| April 16, 2026 | 5.65 |
| April 9, 2026 | 5.74 |
⋮ | ⋮ |
|---|---|
| February 19, 2009 | 4.68 |
| February 12, 2009 | 4.81 |
| February 5, 2009 | 4.92 |
| January 29, 2009 | 4.8 |
| January 22, 2009 | 4.8 |
| January 15, 2009 | 4.65 |
| January 8, 2009 | 4.62 |
| December 31, 2008 | 4.83 |
| December 24, 2008 | 4.91 |
| December 18, 2008 | 4.92 |
| December 11, 2008 | 5.2 |
| December 4, 2008 | 5.33 |
| November 26, 2008 | 5.74 |
| November 20, 2008 | 5.73 |
| November 13, 2008 | 5.81 |
| November 6, 2008 | 5.88 |
| October 30, 2008 | 6.19 |
| October 23, 2008 | 5.72 |
| October 16, 2008 | 6.14 |
| October 9, 2008 | 5.63 |
About 15 Year Mortgage Rate
What it measures
The 15-year fixed mortgage rate (FRED series MORTGAGE15US) is the average contract interest rate on 15-year fixed-rate conventional home loans, drawn from the Freddie Mac Primary Mortgage Market Survey. Freddie Mac publishes the figure weekly, based on loan applications submitted to its automated underwriting system, for borrowers with strong credit putting twenty percent down.
Why it matters
The 15-year rate prices the main alternative to the standard 30-year loan and is the product of choice for refinancers who want to shorten their term. Because it carries less duration and prepayment risk for lenders, it runs below the 30-year rate, and the gap between the two reflects how the market prices that extra risk.
How to read it
The rate moves with intermediate Treasury yields and mortgage-backed security spreads, usually running roughly half a percentage point below the 30-year rate. Falling 15-year rates tend to spur refinancing waves more than purchase activity, since the higher payment limits its use by first-time buyers. Survey timing means the series can lag daily market moves by several days.
Get 15 Year Mortgage Rate in Excel
Pull 15 Year Mortgage Rate directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:
=MortgageRate15y()View the Mortgage Rate - 15 Year formula documentation or browse all 100+ Economic Data functions.
Frequently Asked Questions
What is the current 15 Year Mortgage Rate?
15 Year Mortgage Rate is 5.95 (Percent) as of August 2026.
What is the all-time high and low of 15 Year Mortgage Rate?
The highest value on record is 8.89 (December 1994) and the lowest is 2.1 (August 2021).
How often is 15 Year Mortgage Rate updated?
15 Year Mortgage Rate is published on a weekly basis, sourced from Federal Reserve Economic Data (FRED).
How do I get 15 Year Mortgage Rate in Excel?
Use the MarketXLS Excel formula =MortgageRate15y() to pull 15 Year Mortgage Rate directly into any cell, with historical values available for analysis.
Stats
| Last Value | 5.95 |
| Latest Period | Wk of Aug 20 2026 |
| Last Updated | August 20 2026, 11:02 |
| Value Previous Week | 5.96 |
| Change From Previous Week | -0.17% |
| Value 1 Year Ago | 5.71 |
| Change From Year Ago | 4.20% |
| Average Growth Rate | -1.10%/yr |
| Record High (Dec 1994) | 8.89 |
| Record Low (Aug 2021) | 2.1 |
| Long-Term Average | 5.26 |
| Frequency | Weekly |
| Adjustment | Not Seasonally Adjusted |
| Unit | Percent |
Annual Averages
| 2026 | 5.7 |
| 2025 | 5.78 |
| 2024 | 5.96 |
| 2023 | 6.11 |
| 2022 | 4.58 |
| 2021 | 2.27 |
| 2020 | 2.6 |
| 2019 | 3.39 |
| 2018 | 4 |
| 2017 | 3.27 |
| 2016 | 2.93 |
| 2015 | 3.09 |
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