Current mortgage refinancing rates: 15-year fixed residency below 2.5% for the second consecutive week


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Check out the mortgage refinancing rates for April 26, 2021, which are unchanged from last Friday. (iStock)

Based on data gathered by Credible, current mortgage refinancing rates have remained unchanged since last Friday, and average rates across all maturities remain close to the monthly lows of 2.531%.

  • 30-year fixed rate refinancing: 3,000%, unchangeable
  • 20-year fixed rate refinancing: 2.750%, unchangeable
  • Fixed rate refinancing over 15 years: 2,250%, unchangeable
  • 10-year fixed rate refinancing: 2.125%, unchangeable

Rates last updated on April 26, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

Refinancing rates remained stable throughout the weekend, with 15-year loans remaining stable at 2.250%. These are the lowest 15-year fixed interest rates over the past 75 days. Meanwhile, the 30-year interest rate is hovering near historic lows of 3%.

If you think about it refinancing your home mortgage, consider using Credible. Whether you want to save money on your monthly mortgage payments or refinance a payout, The free online tool from Credible you can compare the rates of several mortgage providers. You can view prequalified rates in just three minutes.

Current fixed refinancing rates at 30 years

The current rate for a 30-year fixed rate refinance is 3,000%. This is the same as last Friday.

Current fixed refinancing rates over 20 years

The current rate for a fixed-rate refinancing over a 20-year period is 2.750%. This is the same as last Friday.

Current fixed refinancing rates at 15 years

The current rate for a fixed rate refinance over a 15-year period is 2.250%. This is the same as last Friday.

Current fixed refinancing rates over 10 years

The current rate for a 10-year fixed rate refinance is 2.125%. This is the same as last Friday.

You can explore your mortgage refinancing options in minutes by going to Credible to compare rates and lenders. Checking out Credible and get prequalified today.

Rates last updated on April 26, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

How Mortgage Refinance Rates Have Changed

Today, mortgage refinancing rates are down from last week.

  • 30-year fixed refinancing rates: 3,000%, the same as last week
  • 2Fixed refinancing rates at 0 years: 2,750%, the same as last week
  • 15-year fixed refinancing rates: 2,250%, down from 2,375% last week, -0,125
  • 10-year fixed refinancing rates: 2.125%, down from 2.250% last week, -0.125%

Do you think now is the right time to refinance? Make sure to shop around and compare rates with multiple mortgage lenders. You can do this easily with Credible and view your prequalified rates in just three minutes.

Rates last updated on April 26, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

The factors behind the current refinancing rates

Current refinancing rates, such as mortgage interest rates in general, are affected by many economic factors, such as unemployment rates and inflation. But your personal financial history also determines the rates offered to you when refinancing your mortgage.

Larger economic factors

  • Power of the economy
  • Inflation figures
  • Employment opportunities
  • Consumer spending
  • Residential construction and other market conditions
  • Stock and bond markets
  • Returns on 10-year Treasury bills
  • Federal Reserve Policy

Personal economic factors

How to Get Your Lowest Mortgage Refinance Rate

If you are interested in refinancing your mortgage, improving your credit score and paying off other debts insure you a lower rate. It’s also a good idea to compare the rates of different lenders if you’re hoping to refinance, so you can find the best rate for your situation.

Borrowers can save an average of $ 1,500 over the life of their loan by shopping for just one additional rate quote, and an average of $ 3,000 by comparing five rate quotes, according to research by Freddie Mac. With Credible you can compare multiple lenders at the same time within minutes.

If you decide to refinance your mortgage, shop around and compare the rates of multiple mortgage lenders. You can do this easily with Credible’s free online tool and view your prequalified rates in just three minutes.

Credible also has a partnership with a home insurance broker. You can compare for free quotes for home insurance through Credible’s partner here. It’s quick, easy, and the entire process can be completed completely online.

Mortgage interest by type of loan

If you’re looking for lower monthly payments on an existing home, Credible can help you keep an eye on current mortgage rates and find the right loan for your financial goals.

Before you dive in mortgage refinancing, make sure to check out these loan rates, which you can compare to the annual rate (APR) as well as interest rate:

Do you have a financial question, but you don’t know who to ask? Send an email to The Credible Money Expert at moneyexpert@credible.com and your question can be answered by Credible in our Money Expert column.

As a credible authority on mortgages and personal finance, Chris Jennings has covered topics such as mortgage loans, mortgage refinancing and more. He has been an editor and editorial assistant in online personal finance for four years. His work has featured MSN, AOL, Yahoo Finance and more.

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