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 ...

The rate on a 30-year fixed refinance fell to 6.04% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.24%. For 20-year mortgage refinances, ...

Homebuyers with a $360,450 mortgage can save tens of thousands by refinancing from a 7.0% rate to a 6.5% rate.

Refinancing your mortgage means replacing your home’s current mortgage loan with a new one. Homeowners typically refinance to lower their interest rate, but there are other reasons to consider it as ...

Refinancing a mortgage means getting a new loan to replace your current mortgage, which could lower your interest rate, accelerate your repayment term or cash out equity — all of which can help you ...

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, depending on your goals and how a new ...

When interest rates fall, you may want to refinance your mortgage. But can you explain what you hope to get out of refinancing? “If you want to refinance, I say, ‘Well, what do you want to do? What do ...

A rental property can generate income from rental payments, but your loan could limit your profits. You may consider refinancing if you've been stuck with a high interest rate or don' ...