Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.28%. For 20-year mortgage refinances, ...

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to ...

Government refinance applications increased by 42% over the week, according to the MBA’s Weekly Mortgage Applications Survey for the week ending Feb. 28, 2025. This jump was mainly due to the dip in ...

Current homeowners are turning to government FHA loans, which offer lower interest rates, to find savings, as conventional rates turn higher.

Mortgage applications decreased by 1.8% last week, with FHA refinance applications rising 12% due to favorable rates. Despite a decline in conventional and VA applications, FHA's strong performance ...

The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.16% a week earlier, according to the ...

The rate on a 30-year fixed refinance fell to 6.31% today, according to the Mortgage Research Center. Rates averaged 5.35% for a 15-year financed mortgage and 6.09% for a 20-year financed mortgage.

Refinancing a mortgage means getting a new loan to replace your current mortgage, which could lower your interest rate, accelerate your repayment term or cash out equity — all of which can help you ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...

(NerdWallet) – When interest rates fall, you may want to refinance your mortgage. But can you explain what you hope to get out of refinancing? “If you want to refinance, I say, ‘Well, what do you want ...