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So, if the mortgage rate on a $150,000 refinance would normally be 7 percent, paying one point could reduce it to 6.75 percent, at a cost of $1,500 upfront. Shop around .
Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Opting for a no-closing-cost refinance can save you money upfront, but you'll likely get a higher interest rate in return. Shopping around and comparing offers from multiple mortgage lenders can ...
Rates for a 15-year mortgage stand at an average 6.24% for purchase and 6.25% for refinance, down 1 basis point from 6.25% for purchase and 1 basis point 6.26% for refinance this time last week.
Finally, there's good news for homebuyers and for homeowners who want to refinance their mortgages: The 30-year fixed mortgage rate now averages 6.73%, dropping significantly from its 20-year peak ...
Rates on a 15-year mortgage stand at an average 6.04% for purchase and 6.05% for refinance, down 7 basis points from 6.11% for purchase and 8 basis points from 6.13% for refinance this time last week.
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