The rate on a 30-year fixed refinance dropped to 6.84% today, according to the Mortgage Research Center. Rates averaged 5.82% for a 15-year financed mortgage and 6.68% for a 20-year financed mortgage.

But it depends on your current rate. If you already have a low rate, you might not benefit from refinancing this year. Understanding 15-year refinance rates Mortgage rates are largely determined ...

If you’re planning to purchase a second home or refinance an existing one, current second home mortgage rates can significantly ... be fixed—a stable interest rate for the life of the loan ...

Is it a good time to refinance into a 30-year fixed-rate mortgage? Whether it's a good time to refinance depends on your current rate and whether it's higher or lower than today's average rates.

When you refinance, you could stick with your current lender or go to a new one. The new lender pays off your old mortgage when you take out your new loan. To get the best rate, shop around for ...

Average mortgage ... refinance rates change daily based on a range of economic and political factors. For expert predictions on where rates might be headed, check out our weekly mortgage rate ...

Average mortgage ... refinance rates change daily based on a range of economic and political factors. For expert predictions on where rates might be headed, check out our weekly mortgage rate ...

Data used to calculate the median mortgage interest rates is based on rates from 300 mortgage purchase lenders and 250 refinance lenders ... lower the federal funds rate by 0.25 percentage points ...

So a borrower who has a mortgage with, say, 7% could refinance. But instead of a getting a 6% market rate with a conventional loan, they could be offered 6.25%. You can find your current balance ...

Anna Baluch is a freelance contributor to Newsweek’s personal finance team with a focus on personal loans, student loans, credit cards, and more. She has spent years writing for small businesses ...

Rebecca is a freelance contributor to Newsweek’s personal finance team. A certified student loan counselor, she has written extensively on student loan debt and higher education. Rebecca has ...