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Rates on a 15-year mortgage stand at an average 6.26% for purchase and 6.28% for refinance, up 2 basis points from 6.24% for purchase and up 2 basis points from 6.23% for refinance this time last ...
The best mortgage refinance rates go to those with a score of at least 740. Pay for large expenses You can do a cash-out refinance to tap your home’s equity for ready money.
A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.
The current average interest rate for a 30-year fixed mortgage is 6.73% for purchase and 6.76% for refinance — down 6 basis points from 6.79% for purchase and 5 basis points from 6.81% for ...
A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.
As of Oct. 24, the average 30-year fixed refinance interest rate is 6.57 percent and the average 15-year fixed rate is 5.92 percent. For ARMs, the average 5/1 ARM refinance rate is 5.93 percent ...
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