Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.15%. On a 20-year mortgage refinance, the average rate is 6%.  Related: Compare Current Refinance Rates 30-Year Refinanc ...

The rate on a 30-year fixed refinance fell to 6.04% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.24%. For 20-year mortgage refinances, ...

Are you considering refinancing your home?

Compare today’s best mortgage refinance rates, compiled from hundreds of loan offers and analyzed by Investopedia’s mortgage rate experts.

Homebuyers with a $360,450 mortgage can save tens of thousands by refinancing from a 7.0% rate to a 6.5% rate.

Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed.

Want to purchase a home or refinance your existing one? These are the mortgage interest rates to know right now.

The average 30-year fixed mortgage rate fell to 6.01%, its lowest level since September 2022. Rates have declined for two ...

The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6 ...

How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...

The price you pay is about more than your monthly installment.

Mortgage and refinance applications increased as rates dropped, with refinance share reaching 57.4% of activity.