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After Falling to a 6-Week Low, Refinance Rates Have Climbed for a Second Day
After a sharp drop of 16 basis points over four days, falling to a six-week low on Thursday, 30-year refinance rates have increased for two consecutive days. Rising 4 basis points on Monday, the average has returned to 7.13%. However, it remains below the May peak of 7.32%, which marked a 10-month high.
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For 15-year fixed refinance mortgages, the average rate is 5.73%, and for 20-year mortgages, the average is 6.62%. Related: Compare Current Refinance Rates 30-Year Fixed-Rate ...
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Mortgage rates today remain stable with 30-year at 6.86%. Explore rate trends and tips to secure the best home loan.
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Mortgage rates in the U.S. climbed once more on Friday with the national average 30-year fixed mortgage rate ticking up to ...
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