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 ...

Compare today’s best mortgage refinance rates, compiled from hundreds of loan offers and analyzed by Investopedia’s mortgage rate experts.

If you're a homeowner who's given up on the possibility of refinancing into a lower rate, it's easy to understand why. After plummeting to record lows at the start of the decade, mortgage interest ...

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 ...

The rate on a 30-year fixed refinance slipped to 6.16% today, according to the Mortgage Research Center. Rates averaged 5.27% ...

Homeowners typically refinance if they can get better interest rates. Refinancing can also be a good idea if you want to change your mortgage term, remove mortgage insurance or switch from a variable ...

Refinancing a mortgage is not just a rate-shopping exercise, it is a detailed conversation about your finances, your goals and how you plan to use your home over the next several years. What you tell ...

Mortgage rates have dropped, but refinancing is not always the right move.The first rule is to check if your current rate is at least 1% higher than today’s average. For example, refinancing a ...

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' ...

An interest rate cut issued in September was widely anticipated by a wide range of Americans, but arguably most strongly by current homeowners. This group, specifically those who purchased a home ...