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What is the Average 15 Year Fixed Mortgage Refinance Rate?

Refinancing a mortgage is an important financial decision, and certainly one that requires as much information as possible on the subject. Subsequently, it is crucial to know national average rates so as to allow comparison with individual quotes to achieve the best outcome. The average 15 year fixed mortgage refinance rate is approximately 4.0378%. You must remember that often times different mortgage brokers may offer rates that differ from one another by as much as entire percentage points, so it is important to get as many insurance refinance quotes as possible before making your decision.

by Margaret Walker on Sun, 08/22/2010 - 20:36

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