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Student Loan Refinance Rates: November 26, 2024—10-Year Loan Rates Don’t Move

  • Interest rates on refinanced student loans remained steady.
  • The average fixed interest rate on a 10-year refinance loan was 6.44%, while the rate for a five-year variable-rate loan was 6.89%.
  • Fixed rates remained unchanged from the previous week, offering borrowers a lower rate compared to the previous year.
  • Considerations when refinancing include completion of degree, credit score, income stability, and comparing rates across lenders.

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