Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.42%. For 20-year mortgage refinances, ...

The rate on a 30-year fixed refinance increased to 6.35% today, according to the Mortgage Research Center. Rates averaged 5.42% for a 15-year financed mortgage and 6.23% for a 20-year financed ...

Refinancing your mortgage is basically applying for a new home loan — with one major exception: You rarely need to make a down payment. Lenders assess a borrower’s creditworthiness, but they generally ...

When taking out a loan, it’s essential to understand how much you’ll have to pay each month. This can help you better compare lenders and decide whether an interest-only or amortized loan is the best ...