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 ...

The rate on a 30-year fixed refinance declined to 6.06% today, according to the Mortgage Research Center. Rates averaged 5.18% for a 15-year financed mortgage and 5.96% for a 20-year financed mortgage ...

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 ...

Rising home values have led to significant equity gains over the past few years. As of 2025, homeowners hold an aggregate of over $30 trillion. A cash-out refinance allows you to tap into your home ...