What is the Average Mississippi Mortgage Refinance Rate?
According to numerous financial surveys carried out across the state, the average Mississippi mortgage refinance rate is just over 3.9%. Consequently, the typical monthly payment experience by Mississippi residents is $1125, and APR of just under 4.1%. It is important to note that many mortgage brokers offer rates that differs significantly from that of the average, sometimes even by as much as 1% or more, which can translate into thousands of dollars over the course of a mortgage’s lifetime.
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