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  2. Refinancing to a 15-year mortgage: What to consider - AOL

    www.aol.com/finance/refinancing-15-mortgage...

    Scenario. Interest rate* Monthly payment (principal and interest) Total interest paid. 30-year loan for $200,000, paid off in 30 years. 7.02%. $1,333. $279,988

  3. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    If you were to pay 7.44 percent, for example, on $200,000 over 15 years, it’d cost you $132,530 in interest. At 7.12 percent, you’d pay roughly $6,500 less. Pros and cons of a no-closing-cost ...

  4. How to get the best refinance rate on your mortgage - AOL

    www.aol.com/finance/best-refinance-rate-mortgage...

    Today’s refinance rates are hovering between 6.4 and 6.8 percent for fixed-rate loans; adjustable rates run around 6.2 percent. The national average 30-year fixed refinance APR is just under 7 ...

  5. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify. Later that same year, the program was expanded to include those ...

  6. Daily mortgage rates for Sept. 11 2024: Rates drop for 30 ...

    www.aol.com/finance/daily-mortgage-rates-for...

    Rates for a 15-year mortgage stand at an average 5.64% for purchase and 5.68% for refinance, down 23 basis points from 5.87% for purchase and 23 basis points from 5.91% for refinance this time ...

  7. How to get a low-cost mortgage refinance - AOL

    www.aol.com/finance/low-cost-mortgage-refinance...

    If rates decline during the lock period, lenders might allow you to take the new, lower rate. 2. Consider a no-closing-cost refinance. One way to get a low-cost refinance is to avoid closing costs ...

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