Mortgage Research Center. Rates averaged 5.25% for a 15-year financed mortgage and 5.99% for a 20-year financed mortgage.
The rate on a 30-year fixed refinance dropped to 6.02% today, according to the Mortgage Research Center. Rates averaged 5.27% for a 15-year financed mortgage and 5.93% for a 20-year financed mortgage.
APR explained in simple terms for everyday borrowers. Learn how annual percentage rates affect loans and credit card payments.