The rate on a 30-year fixed refinance dropped to 6.43% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.45%. For 20-year mortgage refinances, the average rate is 6.14%. Related: Compare Current ...

Discover how fixed-rate payments work, their benefits, and how they differ in mortgage loans. Learn with examples to make informed financial decisions.

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a refinancing conversation with a loan officer or mortgage broker.

Explore current mortgage rates and what they mean for homebuyers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By Written by Staff Deputy Personal Finance Editor, Buy Side ...

High inflation and a weak job market will be the big storyline in 2026. Mortgage-minded consumers buying and refinancing will be the big winners as rates are going to dip into the 5% range. Those are my big predictions. Come and see what else my crystal ball says.