Current 30 Year Fixed Refinance Mortgage Rates

The average rate to refinance a 30 year fixed rate mortgage is 3 14 percent falling 10 basis points over the previous seven days.

Current 30 year fixed refinance mortgage rates.

The benchmark 30 year fixed mortgage rate is 3 080 with an apr of 3 300. On sunday october 04 2020 according to bankrate s latest survey of the nation s largest mortgage lenders the benchmark 30 year fixed mortgage rate is 3 050 with an apr of 3 360. The average 15 year fixed mortgage rate is 2 590 with an apr. The average 15 year fixed refinance rate is 2 610.

When refinancing for the long haul you. What is a 30 year fixed refinance mortgage. Current mortgage and refinance rates print use annual percentage rate apr which includes fees. Today s average 30 year fixed refinance rate is 3 14 percent down 8 basis points compared to a week ago.

View daily mortgage and refinance interest rates for a variety of mortgage products and learn how we can help you reach your home financing goals. It has a set rate which keeps your principal and interest payments stable. 30 year rates can be compared to the following popular products. 15 year fixed rates 15 year fixed rates are normally lower than a 30 year and depending on the lender the interest rate variance ranges from 0 50 to 0 75.

A 30 year fixed rate mortgage is the most common type of loan. A 30 year fixed rate mortgage is a home loan that maintains the same interest rate and monthly principal and interest payment over the 30 year loan period. A month ago the average rate on a 30 year mortgage was 3. A month ago the average rate on a 30 year mortgage was 3 19 percent.

It s fast free and anonymous. Largest refinance lenders the benchmark 30 year fixed refinance rate is 3 080 with an apr of 3 210. These rates are often lower because having a shorter term provides significantly less risk to the lender. Current mortgage and refinance rates for october 2020.