Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.15%. On a 20-year mortgage refinance, the average rate is 6%.  Related: Compare Current Refinance Rates 30-Year Refinanc ...

Refinancing your mortgage includes expenses like closing costs, just as your original mortgage did. Opting for a no-closing-cost refinance can save you money upfront, but you’ll likely pay a higher ...

The price you pay is about more than your monthly installment.

If you took out a mortgage in the last year or two, you might still be reeling from the closing costs you paid — and understandably hesitant to repeat the process even if mortgage rates have fallen ...

The rate on a 30-year fixed refinance declined to 6.06% today, according to the Mortgage Research Center. Rates averaged 5.18% for a 15-year financed mortgage and 5.96% for a 20-year financed mortgage ...

Refinancing can be a tempting option when mortgage rates drop, but in truth, it’s not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...

How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...

No-closing-cost mortgages are mortgages where your lender pays the closing fees on your behalf. It shouldn’t be confused with a mortgage with no closing costs. Before considering a no-closing-cost ...

Refinancing can be a tempting option when mortgage rates drop, but in truth, it's not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...