<ul><li>The rate on a 30-year fixed refinance slipped today.</li><li>Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%.</li><li>Currently, the average rate for a 30-year, fixed-rate mortgage refinance is 7.31%.</li><li>Over the life of the loan, the borrower will pay total interest costs of about $147,124.</li><li>The 20-year fixed mortgage refinance is currently averaging about 7.19%.</li><li>At the current interest rate of 7.19%, a 20-year, fixed-rate mortgage refinance of $100,000 would pay $787 per month in principal and interest.</li><li>The 15-year fixed mortgage refinance is currently averaging about 6.34%.</li><li>At the current interest rate of 6.34%, a borrower using a 15-year, fixed-rate mortgage refinance of $100,000 would pay $862 per month in principal and interest.</li><li>Refinance rates are different from mortgage rates and tend to be slightly higher.</li><li>Lenders offer multiple mortgage refinance options to help you quickly compare your potential rate and monthly payment.</li></ul>

Mortgage Refinance Rates Today: November 26, 2024—Rates Cool Off

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