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The current average rate for a 30-year fixed mortgage is 6.84% for purchase and 6.85% for refinance — up 11 basis points from 6.73% for purchase and 9 basis points from 6.76% for refinance last ...
By refinancing, you’d save about $220 on your monthly payments and nearly $30,000 in interest payments over the life of the loan, and it would take you about three years to recoup the closing ...
The average rate for shorter 15-year terms is 6.19% for purchase and 6.20% for refinance, down 11 basis points from 6.30% for purchase and 10 basis points from 6.30% for refinance this time last week.
Rates on a 15-year mortgage stand at an average 6.18% for purchase and 6.22% for refinance — up 5 basis points from 6.13% for purchase and 5 basis points 6.17% for refinance this time last week.
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.
The average rate for shorter 15-year terms is 6.11% for purchase and 6.13% for refinance, down 3 basis points from 6.14% for purchase and 2 basis points from 6.15% for refinance this time last week.
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