<ul data-eligibleForWebStory="false"><li>30-year fixed refinance rate is at 6.74%, 15-year rate is 5.66%.</li><li>20-year mortgage refinances are at an average rate of 6.51%.</li><li>Rates for jumbo mortgage refinances have increased to 7.06% for 30-year fixed.</li><li>Consider various loan terms and costs to determine if refinancing is beneficial.</li><li>Factors like inflation and unemployment rates can impact future mortgage interest rates.</li></ul>

Today’s Mortgage Refinance Rates: July 8, 2025 – Rates Climb

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