The rate on a 30-year fixed refinance slipped to 6.11% today, according to the Mortgage Research Center. Rates averaged 5.22% ...
The rate on a 30-year fixed refinance decreased to 6.08% today, according to the Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6% for a 20-year financed mortgage.
When you refinance your mortgage, you trade in your current home loan for a new one, usually with a better interest rate or loan term. Refinancing can help you reduce your monthly payments, repay your ...
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, ...