Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Find Your Local Branch
Back
Scroll to top

What Are 15 Year Mortgage Rates?

Homebuying 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

What are 15-year mortgage rates? It seems like a long time doesn’t it? But when you really think about it, 15 years is nothing. Think of all the things you’ve done, the places you’ve been and the people you’ve met in the last 15 years. Where does it all go? For a different perspective, consider that the average American will spend nine years of their life watching television, four years driving a car and 2.5 years cooking. Add it all up and in the time you spend doing those three things you could’ve paid off a 15-year mortgage. First Bank’s Mortgage Know-How center has a number of resources for anyone wanting more information about what 15-year mortgage rates are.

About 15-Year Mortgage Rates

  • You can call our mortgage help center at 1-844-855-2262 to seek answers to your questions or expert guidance
  • Use our mortgage calculator to estimate your monthly payments for a 15-year mortgage, determine if you should rent or buy or calculate refinancing savings
  • Complete a loan application online if you are seeking 15-year mortgage rates
  • Our Mortgage Know-How center has articles, tips and guides for first-time buyers, experienced buyers, refinancers and builders
  • You can go online to print necessary forms, check your loan status or contact us for information regarding your loan
  • Get a free consultation with one of our loan officers

With more than 100 locations across the Carolinas, there’s a First Bank loan expert near you who will be happy to get the loan process started. With First Bank, you’re sure to find the right mortgage option for your needs.* We offer conventional loans of both adjustable and fixed rates. We have jumbo loans, government loans such as rural housing, FHA loans, construction loans for builders and professional loans for doctors, CPAs, and lawyers. So if you’re seeking 15-year mortgage rates, let First Bank be your time machine and watch the years go by.

Loans subject to credit approval.

———

Sources:

Distractify: http://news.distractify.com/dark/trivial-facts/astounding-facts-about-how-we-actually-spend-our-time/

Ready to talk to an expert?

Find A Location Get In Touch
Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Get a Lower Interest Rate By Refinancing Your Mortgage Today With mortgage rates remaining low, whether to refinance or not has been a common question asked among our customers. Read on to learn more about the “the what” and “why” part of refinancing if you’re debating whether or not to refinance your current loans or if you just want to know what refinancing is all about. What You Should Know About Refinancing Your Mortgage Refinancing your mortgage* means you pay off your current loan and replace it with a new one. Reasons to Refinance Reduce your current interest rate expense. For example, switching to a 30-year mortgage to lower your monthly payments. Get out of, or into, an adjustable-rate mortgage (ARM). ARMs have lower interest rates than fixed-rate mortgages to begin with, but it later leaves you open to periodic adjustments that could result in large interest rate increases. Get a better rate as the market shifts, allowing you to save money over the long term with your new loan. Contact a First Bank Specialist Today Still wondering if refinancing is right for you? Use our calculator to help you decide if it makes sense for your situation. To learn more, contact one of our loan officers to set-up a consultation at a First Bank branch near you. ——— *Loans subject to credit approval. First Bank is an Equal Housing Lender Sources: Locate a Loan Officer | First Bank Refinance Calculator | First Bank Investopedia 2 min read
Couple smiling at each other signing closing papers on property with realtor Homebuyers: What to Bring to Closing Before your closing date, you should receive a list from your loan officer or agent with everything that you will need to bring on closing day. Here are a few items commonly on that list. 3 min read
Construction Loans 101: Adjustable Rates If you’re considering building a home, one of the more pressing concerns is the rate you’ll receive for a construction loan. For residents of the Carolinas, First Bank* has convenient locations to stop by for a discussion about your construction loan options. With our One-Time Close Construction-to-Permanent loan, you have the potential to build the house of your dreams. Construction-to-Permanent Loan First Bank offers a One-Time Close Construction-to-Permanent Loan.** With this loan, the cost of your lot, construction, and permanent mortgage is covered in a single loan. Our construction loan rates vary, but you can choose from a variety of fixed or adjustable rate loan options for your permanent financing. Our One-Time Close Construction-to-Permanent Loan consists of two phases: the construction phase and the permanent phase. During the construction phase, you will only make interest payments. When the construction is complete, the permanent phase modifies the loan into a permanent loan. During the permanent phase, the construction loan will be converted to a permanent loan. Other benefits of First Bank’s One-Time Close Construction-to-Permanent Loan include: No prepayment penalties A single set of closing costs Flexible use to finance a primary residence Ability to purchase your lot Benefits of Building a Home If you are thinking about building a home, consider these benefits: Customization—Building a home gives you the opportunity to make everything look exactly how you want it. Low Maintenance Costs—Because homes are built with all new materials and typically have all new appliances, you will spend less on repairs and updates. Efficiency—As technology improves, new homes are becoming increasingly more energy efficient. When you build a new home, you have the opportunity to include as many green materials as you want. Value—New homes have a longer life expectancy so they typically appraise higher than older homes. Ready to get started? You can begin your mortgage application or visit a First Bank branch to speak with a mortgage loan expert today. *Equal Housing Lender. NMLS #474504. **Loans subject to credit approval. ——— Source: http://www.investopedia.com/articles/personal-finance/062614/should-you-buy-or-build-home.asp 2 min read
State of the Housing Market 4 Common Costs Of Renovating An Older Home You’re on the market for your first home, and a great deal comes across on an older home. You love the potential it has, but then a question comes to mind: how much will it cost to renovate this house? 5 min read
First Bank logo
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.