<ul><li>Today's mortgage refinance rates show a decrease, with the rate on a 30-year fixed refinance at 6.75%.</li><li>The average rate for a 15-year mortgage refinance is 5.62% and for a 20-year mortgage refinance is 6.51%.</li><li>The average rate on a 30-year fixed mortgage refinance decreased by 0.01 point compared to last week.</li><li>For a 30-year fixed-rate refinance mortgage of $100,000 at 6.75%, the monthly payment is around $649.</li><li>The 20-year fixed mortgage refinance average rate is 6.51%, with a monthly payment of approximately $746 for a $100,000 loan.</li><li>A 15-year fixed mortgage refinance has an average rate of 5.62%, with a monthly payment of about $824 for a $100,000 loan.</li><li>Interest rates on 30-year fixed-rate jumbo mortgage refinance loans decreased to 7.13%.</li><li>Refinance rates are typically slightly higher than mortgage rates; differences vary by program.</li><li>Consider refinancing to lower your interest rate, reduce monthly payments, access home equity, or eliminate private mortgage insurance costs.</li><li>An improved credit score and comparing loan estimates can help you secure a competitive refinance rate.</li></ul>

Mortgage Refinance Rates Today: April 1, 2025 – Rates Decrease

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