Jan 12, 2025 · A refinance occurs when a borrower replaces an existing loan with a new loan to improve the terms, such as the interest rate, amount borrowed, and length of the loan.

Ready to refinance your mortgage? Compare today's refinance rates from trusted lenders and see how much you can save.

Compare current refinance rates from multiple lenders. See if today's refinance rates could lower your mortgage payment.

You can use a refinance to make use of your home’s equity, get a better interest rate and/or lower monthly payment. A refinance could also allow you to remove another person from or add them to the mortgage.

Learn more about your mortgage refinancing options, view today's rates and use our refinance calculator to help find the right loan for you.

5 days ago · Find current mortgage refinance rates in 2025 and when to refinance. Learn how to refinance your house and find the answers to more questions here.

Jan 28, 2025 · The current average refinance rate on a 30-year fixed ReFi is 7.04%, compared to 7.10% a week earlier. For borrowers who want a shorter ReFi, the average rate on a 15-year fixed ReFi is 6.35%, ...

Sep 5, 2024 · Refinancing is a strategy lenders and borrowers use to replace an existing mortgage with a new one. Borrowers often refinance to change their original mortgage’s interest rate or loan...

Jan 22, 2025 · Refinancing your home means replacing the original mortgage with a new one with different financial terms. Borrowers might refinance their home to shorten the length of the loan or...

4 days ago · The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% for a 15-year financed mortgage and 6.8% for a 20-year financed mortgage ...