Jun 14, 2021 · A list of current mortgage rates, historic mortgage rates, charts and interest rate news. ... Mortgage Refinance Index 3/24/21: 3325.3: 3504.9-5.12% ...
The 15-year fixed mortgage rate fell 3 basis points to 2.44% from a week ago. Additional mortgage rates can be found in the chart and graph below. 3-month trend
May 10, 2021 · Today's national mortgage rate trends. For today, Tuesday, June 15, 2021, the national average 30-year fixed refinance APR is 3.280%, up compared to last week’s of 3.270%.
In the mortgage world, a “rate and term refinance” refers to the replacement of an existing mortgage(s) with a brand new home loan. The refinance loan comes with a new interest rate (ideally lower) and a fresh mortgage term, such as another 30 years, or a shorter 15 years.
Refinance your existing mortgage to lower your monthly payments, pay off your loan sooner, or access cash for a large purchase. Use our home value estimator to estimate the current value of your home. See our current refinance rates and compare refinance options.
Jun 10, 2021 · The current rate for a 15-year fixed-rate mortgage is 2.23% with 0.6 points paid, down 0.04 percentage points. A year ago, the 15-year rate was 2.62%. The current rate on a 5-year adjustable-rate mortgage is 2.55% with 0.2 points paid, a 0.09 percentage points decrease. A year ago, the 5/1 ARM rate was 3.10%. Mortgage Rate Trends
Our competitive mortgage rates are backed by an experienced staff of mortgage professionals. We update the interest rate table below daily, Monday through Friday, so you have the most current refinance rates available. Use our mortgage calculator to get a customized estimate of your mortgage rate and monthly payment. Try our Home Value ...
A 10/1 adjustable-rate mortgage has a longer, initial fixed-rate period than a 5/1 ARM. You’d enjoy a stable interest rate for the first 10 years and have a fluctuating rate for the remaining 20 years. An 10/1 ARM might work best for you if you plan to sell your home or apply and qualify for a refinance before the fixed-rate period ends.
On the week of November 5th, the average 30-year fixed-rate fell to 2.78%. 2020 is expected to be a record year for mortgage originations with Fannie Mae predicting $4.1 trillion in originations and refinance loans contributing $2.7 to the total.
Jun 03, 2021 · The current average interest rate for a 30-year refinance is 3.16%, an increase of 3 basis points from what we saw one week ago. (A basis point is equivalent to 0.01%.)