<ul data-eligibleForWebStory="true"><li>Current average refinance rates: 30-year fixed at 6.78%, 15-year fixed at 5.73%, and 20-year fixed at 6.62%.</li><li>30-year fixed-rate refinance APR at 6.8%, costing about $134,789 in total interest over $100,000 loan life.</li><li>20-year fixed-rate refinance APR at 6.66%, totaling around $81,177 in interest over $100,000 loan life.</li><li>15-year fixed refinance APR at 5.77%, resulting in approximately $49,657 in total interest over the loan term.</li><li>Jumbo mortgage refinance rates: 30-year fixed at 7.08% and 15-year fixed at 6.43%.</li><li>Factors affecting mortgage refinance rates include loan type, term, credit score, and economic conditions.</li><li>Refinancing considerations: interest rate comparison, loan balance, term alignment, and cost evaluation.</li><li>Tips for finding the lowest refinance rate: maintain good credit, manage debt, and monitor interest rate fluctuations.</li><li>Predictions suggest mortgage rates to range in the middle-to-high 6% during the first half of 2025.</li><li>Anticipated rate movement dependent on inflation, unemployment levels, and Federal Reserve actions.</li></ul>

Current Mortgage Refinance Rates: June 24, 2025 – Rates Dip

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