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Pros of refinancing to a 15-year mortgage. Lower interest rate: Interest rates for 15-year fixed loans are often lower than those on 30-year mortgages. That lower rate, plus a shorter repayment ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... 30-year fixed jumbo rate — 6.29% ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... 30-year fixed jumbo rate — 6.30% ...
Refinancing your mortgage makes sense if you can reduce the interest rate by one-half to three-quarters of a percentage point. ... while the average 15-year fixed refinance APR is 6.5 percent.
Choosing or refinancing to a 15-year mortgage might be a good idea if you can afford the monthly payments or you're more than halfway into a 30-year mortgage. The 30-year, fixed-rate mortgage is ...
The fixed rate for a 15-year mortgage is 5.47%, down 4 basis points from last week's average 5.51%. These figures are lower than a year ago, when rates averaged 7.12% for a 30-year term and 6.52% ...
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