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Market Commentary 30781
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the 15 Year Mortgage Interest Rate is in the table at
the top of this page. Forecast-Chart.com is forecasting that 15 Year Mortgage
Rates will be roughly 3.88% in one year. The table shows a HDTFA of 0.49%
which suggests that the March, 2020 rate could easily fall between 4.36% and
3.39%. Forecasts for many other interest rates may be found by clicking
INTEREST RATE FORECAST at the top of this page.
HISTORICAL 15 YEAR MORTGAGE RATE
Average (Last 12 Months) 4.03%.
Average (Last 10 Years) 3.48%
High (Last 12 Months) 4.28% (November, 2018)
Low (Last 12 Months) 3.80% (February, 2019)
High (Since September, 1991) 8.80% (December, 1994)
Low (Since September, 1991) 2.66% (April, 2013)
MONTHLY 15 YEAR MORTGAGE RATE
Mar, 2018 3.91%
Apr, 2018 3.93%
May, 2018 4.07%
Jun, 2018 4.04%
Jul, 2018 4.01%
Aug, 2018 4.02%
Sep, 2018 4.08%
Oct, 2018 4.25%
Nov, 2018 4.28%
Dec, 2018 4.09%
Jan, 2019 3.91%
Feb, 2019 3.80%
HIGHLIGHTS
The 15 Year Mortgage Interest Rate for February, 2019 averaged 3.8%. That's
11 basis points lower than the January, 2019 rate of 3.91%, and 1 basis points
higher than the February, 2018 rate of 3.79%. The fall in rates from January to
February indicates that the short term rate trend has been down. If that market
trend continues, we should see an average daily rate in March, 2019 that is
close to 3.69%.
The average 15 Year Mortgage Rate for the last 12 months was 4.03%. The
average rate over the last 10 years was 3.48%. Higher rates over the last 12
months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in 15 Year Mortgage Rates is up.
The highest annual rate over the last 12 months was 4.28%. The lowest was
3.80%. The high annual rate was attained in November, 2018. The market low
was achieved in February, 2019.
Forecast-Chart.com's historical research covers 15 Year Mortgage Rate data
back to September, 1991. The average annual rate during that period of history
was 5.47%. The highest rate was 8.80%. The lowest rate was 2.66%. The
market high was attained in December of 1994. The market low was achieved in
April of 2013. Recent rates experienced in February of 2019 are low relative to
the historical 5.47% average.
This page provides a five year chart and a forecast for 15 Year Mortgage
Interest Rates. For links to longer term charts, look at the links under the five
year chart (above). One link opens a ten year chart. Another opens our longest
term graph on 15 Year Mortgage Rates. Just one glance at our long term charts
can provide tremendous insight into the historical trends of the financial
markets. The data table above presents the history of the 15 Year Mortgage
Rate in numerical format.
Data Source: Freddie Mac
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the 15 Year Mortgage Interest Rate is in the table at
the top of this page. Forecast-Chart.com is forecasting that 15 Year Mortgage
Rates will be roughly 3.88% in one year. The table shows a HDTFA of 0.49%
which suggests that the March, 2020 rate could easily fall between 4.36% and
3.39%. Forecasts for many other interest rates may be found by clicking
INTEREST RATE FORECAST at the top of this page.
HISTORICAL 15 YEAR MORTGAGE RATE
Average (Last 12 Months) 4.03%.
Average (Last 10 Years) 3.48%
High (Last 12 Months) 4.28% (November, 2018)
Low (Last 12 Months) 3.80% (February, 2019)
High (Since September, 1991) 8.80% (December, 1994)
Low (Since September, 1991) 2.66% (April, 2013)
MONTHLY 15 YEAR MORTGAGE RATE
Mar, 2018 3.91%
Apr, 2018 3.93%
May, 2018 4.07%
Jun, 2018 4.04%
Jul, 2018 4.01%
Aug, 2018 4.02%
Sep, 2018 4.08%
Oct, 2018 4.25%
Nov, 2018 4.28%
Dec, 2018 4.09%
Jan, 2019 3.91%
Feb, 2019 3.80%
HIGHLIGHTS
The 15 Year Mortgage Interest Rate for February, 2019 averaged 3.8%. That's
11 basis points lower than the January, 2019 rate of 3.91%, and 1 basis points
higher than the February, 2018 rate of 3.79%. The fall in rates from January to
February indicates that the short term rate trend has been down. If that market
trend continues, we should see an average daily rate in March, 2019 that is
close to 3.69%.
The average 15 Year Mortgage Rate for the last 12 months was 4.03%. The
average rate over the last 10 years was 3.48%. Higher rates over the last 12
months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in 15 Year Mortgage Rates is up.
The highest annual rate over the last 12 months was 4.28%. The lowest was
3.80%. The high annual rate was attained in November, 2018. The market low
was achieved in February, 2019.
Forecast-Chart.com's historical research covers 15 Year Mortgage Rate data
back to September, 1991. The average annual rate during that period of history
was 5.47%. The highest rate was 8.80%. The lowest rate was 2.66%. The
market high was attained in December of 1994. The market low was achieved in
April of 2013. Recent rates experienced in February of 2019 are low relative to
the historical 5.47% average.
This page provides a five year chart and a forecast for 15 Year Mortgage
Interest Rates. For links to longer term charts, look at the links under the five
year chart (above). One link opens a ten year chart. Another opens our longest
term graph on 15 Year Mortgage Rates. Just one glance at our long term charts
can provide tremendous insight into the historical trends of the financial
markets. The data table above presents the history of the 15 Year Mortgage
Rate in numerical format.
Data Source: Freddie Mac
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
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Average daily rate per month for conventional 15 year mortgage rates are shown in gray. Source:
Freddie Mac. The forecast for the target month is shown in green.
Freddie Mac. The forecast for the target month is shown in green.
| 15 Year Mortgage Rate - 5 Year History |
| 2.0% |
| 3.0% |
| 4.0% |
| 5.0% |
| 6.0% |
| 15 Year Mortgage Forecast Compare US Interest Rates |
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| 1/2015 |
1/2016
| 1/2017 |
| 1/2018 |
| 1/2019 |
1/2020
| 1/21 |
Current Analysis & Forecast: 15 Year Mortgage Rate
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