If you bought your home when mortgage rates were higher than you’d hoped, with plans to refinance once they dropped, you’re not alone. Many homeowners take this approach, but figuring out the right ...

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 ...

How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...

The Federal Reserve’s recent rate cut made headlines, but does it mean homeowners should rush to refinance? Not so fast, says financial expert Barry Bigelow. During Money Matters Monday, Bigelow ...

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, ...