Using the current interest rate of 6.65%, a 15-year, fixed-rate mortgage refinance of $100,000 would cost $879 per month in principal and interest—not including taxes and fees.

Current mortgage refinance rates. As of May 4, the average annual percentage rate (APR) for a 30-year refinance rate is 6.95%, down slightly from 7% the week before.

Current Refinance Rates on June 4, 2025: ... Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic slowdown play tug-of-war ...

For 15-year fixed mortgages, the average refinance rate is 6.54%, and for 20-year mortgages, the average is 7.29%. Related: Compare Current Refinance Rates Refinance Rates for January 9, 2025 30 ...

View current mortgage refinance rates now to see if this option is right for you. How to get the best mortgage refinance rates. If you're interested in a mortgage refinance loan, ...

Current refinance rate trends. At the start of 2025, many expected inflation to keep cooling down and the Fed to cut interest rates, which would have gradually lowered mortgage refinance rates.

Drilling down on the current 15-year refinance rates can aid homeowners in finding the best refinance option for their needs. We’ve highlighted key facts and trends to evaluate when considering ...

"Home values have increased, lowering the loan-to-value (LTV) for some borrowers, which could lead to a better rate," Hummel says. For example, if your home's value increased from $300,000 to ...

Compare current adjustable-rate mortgage (ARM) rates to find the best rate for you. Lock in your rate today and see how much you can save. Current ARM Rates [myfi_generic_widget ad_id="dbd0452e-2249-4113-8832-02a13c567d34" campaign="forbes-mtgrefi-elftest"] What Is an Adjustable-Rate Mortgage?