<ul><li>Current mortgage refinance rates held steady at 6.83% as of March 31, 2025.</li><li>For 15-year fixed refinance mortgages, the average rate is 5.73%, and for 20-year mortgages, the average is 6.59%.</li><li>The average rate for a 30-year fixed-rate mortgage refinance is 6.83%, up 0.2 point from last week.</li><li>The APR for a 30-year fixed-rate mortgage is 6.86%, reflecting the all-in cost of the home loan.</li><li>The average interest rate on a 20-year fixed refinance mortgage is 6.59%, with an APR of 6.63%.</li><li>A 20-year fixed-rate mortgage refinance of $100,000 would cost $751 per month in principal and interest.</li><li>The average interest rate for a 15-year fixed refinance mortgage is 5.73%, with an APR of 5.79%.</li><li>A 15-year fixed-rate mortgage refinance of $100,000 would cost $829 per month in principal and interest.</li><li>30-year fixed-rate jumbo mortgage refinance rates increased to 7.23%, with a monthly payment of $681 per $100,000 borrowed.</li><li>Refinancing options can help reduce monthly payments, access equity, and eliminate private mortgage insurance costs.</li></ul>

Current Mortgage Refinance Rates: March 31, 2025 – Rates Hold Steady

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