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 ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

The rate on a 30-year fixed refinance dropped to 6.41% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.36%, and for 20-year mortgages, ...