Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.15%. On a 20-year mortgage refinance, the average rate is 6%.  Related: Compare Current Refinance Rates 30-Year Refinanc ...

Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed.

The rate on a 30-year fixed refinance fell to 6.04% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.24%. For 20-year mortgage refinances, ...

Interest in mortgage loan refinancing has rocketed in recent weeks, making it clear that homeowners are paying attention to what's happening with the shifting rate environment. The average rate for a ...

Are you considering refinancing your home?

The average 30-year fixed mortgage rate fell to 6.44% this week, down from 6.53% the week before, according to U.S. News data. Mortgage rates are now at their lowest levels in 2025, which may give ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Mortgage rates have dropped, but refinancing is not always the right move.The first rule is to check if your current rate is at least 1% higher than today’s average. For example, refinancing a ...

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...