The rate on a 30-year fixed refinance slipped to 6.56% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.46%. On a 20-year mortgage refinance, the ...
The rate on a 30-year fixed refinance fell to 6.34% today, according to the Mortgage Research Center. Rates averaged 5.32% for a 15-year financed mortgage and 6.09% for a 20-year financed mortgage.
Refinancing can be useful for homeowners but changing interest rates could impact the market. Unless you have a fixed mortgage loan, you can count on your interest rate changing throughout the years.
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