<ul data-eligibleForWebStory="true"><li>Today, the rate on a 30-year fixed refinance decreased to 6.82% according to the Mortgage Research Center.</li><li>For 15-year fixed refinance mortgages, the average rate is 5.75%, while for 20-year mortgages, it's 6.61%.</li><li>The average rate for a 30-year fixed-rate mortgage refinance is 6.82%, down 0.26% from last week.</li><li>The APR for a 30-year fixed-rate mortgage is 6.85%, lower than last week's 6.87%.</li><li>The average rate for a 20-year fixed mortgage refinance is 6.61%, with an APR of 6.65%.</li><li>The 15-year fixed refinance mortgage rate is 5.75% with an APR of 5.79%.</li><li>Rates for 30-year and 15-year fixed-rate jumbo mortgage refinances are 7.07% and 6.47% respectively.</li><li>Refinance rates are slightly higher than mortgage rates, with differences depending on the loan program.</li><li>Mortgage refinance can help lower interest rates, reduce monthly payments, pay off loans faster, tap home equity, or eliminate PMI.</li><li>National average mortgage rates have been in the middle-to-high 6% range since late 2024, with minor expected changes in the first half of 2025.</li></ul>

Today’s Mortgage Refinance Rates: June 13, 2025 – Rates Drop

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