<ul><li>Today's mortgage refinance rates remained steady, with a 6.72% average rate for a 30-year fixed-rate mortgage.</li><li>For a 20-year financed mortgage, the rate averaged 6.45%, while a 15-year financed mortgage averaged 5.64%.</li><li>The APR for a 30-year fixed-rate mortgage refinance is 6.75%.</li><li>Borrowers with a 30-year refinance mortgage of $100,000 at 6.72% would pay around $646 per month in principal and interest.</li><li>On a 20-year fixed mortgage refinance, the average rate is 6.45%, with an APR of 6.49%.</li><li>A $100,000 20-year fixed-rate refinance would cost $743 monthly in principal and interest.</li><li>The 15-year fixed mortgage refinance averaged 5.64% with an APR of 5.7%.</li><li>Borrowers with a 15-year refinance would pay about $825 monthly in principal and interest for a $100,000 loan.</li><li>Refinance rates are typically higher than purchase loan rates by 0.01% to 0.15% for a 30-year fixed rate.</li><li>Consider factors like closing costs and loan terms when deciding whether to refinance to potentially lower your monthly payments.</li></ul>

Today’s Mortgage Refinance Rates: March 10, 2025 – No Movement On Rates

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