Discover our detailed research on the current mortgage and refinance rates in New York. With our curated article you can make the best decision for your home loan in NY.
30-year fixed-rate refinance, 6.54%, (+0.32) ; 15-year fixed-rate refinance, 5.81%, (+0.37) ; 10-year fixed refinance, 5.74%, (+0.29)
Compare the current refinance rates, including average APR on 30- and 15-year fixed refinances, as well as 5/1 ARM refinances.
After dipping to its cheapest level since mid-September, the 30-year refi mortgage average has climbed four days in a row. Rates rose for most other refinance loans, as well.
Check current mortgage refinance rates and see if refinancing your home is right for you. Mortgage Loan Officers from KeyBank are here to save you money.
Because the job market remains solid, mortgage refinance rates might not drop much more this year. But that could always change.
Loan Term, Change, Rate, APR ; 30-Year Fixed, -0.12, 6.34%, 6.38% ; 15-Year Fixed, -0.21, 5.75%, 5.82% ; 30-Year FHA, -0.17, 6.14%, 6.19% ; 5/1 ARM, -0.17, 5.72%, 5.79%
Like mortgage rates, there hasn't been a significant decrease from yesterday's refinance rates. However, rates are still lower. Lock in your refinance rate now!
Loan Term, Change, Rate, APR ; 30-Year Fixed, -0.01, 6.45%, 6.50% ; 15-Year Fixed, -0.03, 5.96%, 6.03% ; 30-Year FHA, +0.01, 6.30%, 6.35% ; 5/1 ARM, -0.03, 5.88%, 5.96%
Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance.