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Mortgage Refinance Rates Today: December 16, 2024—Rates Move Upward

  • The 30-year fixed refinance rate increased from 7.10% to 7.29%.
  • The average rate for a 15-year fixed mortgage refinance is 6.30%.
  • The average rate for a 20-year fixed mortgage refinance is 7.14%.
  • Borrowers with a 30-year fixed-rate mortgage of $100,000 at 7.29% will pay $685 per month.
  • The APR for a 30-year fixed-rate mortgage is 7.31%.
  • At 7.14%, a 20-year fixed-rate mortgage refinance of $100,000 would pay $784 per month.
  • The APR for a 20-year fixed mortgage rate is 7.17%.
  • With an interest rate of 6.30%, on a 15-year fixed, pay $860 per month in principal and interest for every $100,000 borrowed.
  • The APR for a 15-year fixed mortgage is 6.33%.
  • The average rate for a 30-year fixed-rate jumbo mortgage refinance is 7.21%.

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