Source: Bankrate —
The majority of key mortgage refinance rates were higher today compared to a week ago, according to data compiled by Bankrate.
- 30-year fixed refinance rate: 5.51%, +0.29 vs. a week ago
- 15-year fixed refinance rate: 4.71%, +0.18 vs. a week ago
- 10-year fixed refinance rate: 4.66%, +0.15 vs. a week ago
Here’s a pro tip: Getting multiple offers can save you thousands of dollars over the life of your mortgage. “The extra effort of comparison shopping among lenders and putting in an extra application or two can pay dividends for years with a lower rate and savings on fees,” says Greg McBride, CFA, Bankrate chief financial analyst.
