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Here Are Today’s Refinance Rates: December 17, 2024—Rates Move Up

  • The rate on a 30-year fixed refinance rose today.
  • Refinancing rates for a 30-year, fixed-mortgage are averaging 7.30%, according to Curinos.
  • Today, the average rate for the 30-year fixed-rate mortgage refinance inched up to 7.30% from yesterday.
  • The average interest rate on the 20-year fixed refinance mortgage is 7.16%.
  • The APR on a 20-year fixed is 7.19%.
  • The average interest rate on the 15-year fixed refinance mortgage inched up to 6.32%.
  • The average interest rate on the 30-year fixed-rate jumbo mortgage refinance is 7.16%.
  • Refinancing your mortgage can be a wise move for many reasons, most notably lowering your interest rate or your monthly payments.
  • Now may be a good time to refinance if you can reduce your monthly payment by getting a better interest rate or adjusting your repayment period.
  • Consider avoiding refinancing if you can’t get a better rate or reduce your monthly payment.

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