Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.34%. On a 20-year mortgage refinance, the ...

The rate on a 30-year fixed refinance increased to 6.27% today, according to the Mortgage Research Center. Rates averaged ...

Part of determining if a mortgage refinance is practical is weighing the balance between its benefits and costs.

Homeowners consider refinancing for lower rates, lower monthly payments, debt consolidation, or better loan terms. Refinancing can save money, improve cash flow, and eliminate mortgage insurance costs ...

If mortgage rates are lower now than they were when you originated your current loan, then refinancing can help reduce your monthly payments and work faster toward paying off your house. A cash-out ...