Falling mortgage rates are good news for if you're considering refinancing your home loan.
30-year fixed-rate refinance, 6.18%, (+0.00) ; 15-year fixed-rate refinance, 5.47%, (0.00) ; 10-year fixed refinance, 5.49%, (-0.01)
Pros to a 15-year mortgage, Cons to a 15-year mortgage ; Pay less interest over time, Larger monthly payments ; Pay off your home sooner, Less flexibility in your monthly budget ; Get rid of PMI faster, Less money for other financial goals
Loan Term, Change, Rate, APR ; 30-Year Fixed, +0.00, 6.18%, 6.23% ; 15-Year Fixed, 0.00, 5.47%, 5.54% ; 30-Year FHA, -0.06, 5.99%, 6.04%
Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance.
Mortgage Compare Current Mortgage Rates Today Written by Refi.com Team Updated May 18, 2024 Read Time: 3 minutes Table of Contents National Mortgage Rate Trends How Mortgage Rates Work...
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Discover today's competitive refinance interest rates. Stay informed with expert insights on the latest trends, tips, and market analysis. Find the best refinancing options tailored to your needs....
Discover today's competitive refinance interest rates. Stay informed with expert insights on the latest trends, tips, and market analysis. Find the best refinancing options tailored to your needs....