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  1. 3 days ago · Today’s Mortgage Refinance Rates. The average APR for a 30-year fixed refinance loan increased to 7.71% from 7.69% yesterday. This time last week, the 30-year fixed APR was 7.82%.

  2. Compare today’s refinance rates. On Monday, May 06, 2024, the national average 30-year fixed refinance APR is 7.39%. The average 15-year fixed refinance APR is 6.87%, according to Bankrate's ...

  3. Apr 16, 2024 · You'll pay refinance closing costs, which generally run from 2% to 6% of the amount of your new loan. So for example, if you're refinancing $250,000, your closing costs will probably be between ...

  4. Mortgage rates can change daily, sometimes more than once a day. If you’re watching rates, it’s helpful to know .25% (a quarter of a percentage point), roughly equals a $30 change in your monthly payment. Interested in looking back at rate trends?

  5. 3 days ago · 15-Year Fixed-Rate Mortgage: An interest rate of 6.875% (7.393% APR) is for the cost of 2.00 point(s) ($5,500.00) paid at closing. On a $275,000 mortgage, you would make monthly payments of $2,452.60. Monthly payment does not include taxes and insurance premiums. The actual payment amount will be greater. Payment assumes a loan-to-value (LTV ...

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