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Rates on 30-year refi loans have dropped almost a tenth of a point over three days to a new April low. Rates have also moved lower for other refinance loan types.
Rates on a 15-year mortgage stand at an average 5.94% for purchase and 6.09% for refinance, down 10 basis points from 6.04% for purchase and 2 basis points from 6.11% for refinance this time ...
A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
Key Takeaways The current average refinance rate on a 30-year fixed ReFi is 6.81%, compared to 6.84% a week earlier. For borrowers who want a shorter ReFi, the a verage rate on a 15-year fixed ...
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