Several closely watched mortgage refinance rates receded today.
Average rates nationwide for 30-year fixed and 15-year fixed refinances both tapered off. Meanwhile, the average rate on 10-year fixed refis also were down.
Refinancing rates are constantly changing, but they continue to represent a bargain compared to rates before the Great Recession. If you’re in the market to refinance, it could make sense to go ahead and lock if you see a rate you like.
30-year fixed refinance
The average 30-year fixed-refinance rate is 3.44 percent, down 10 basis points since the same time last week. A month ago, the average rate on a 30-year fixed refinance was higher, at 3.64 percent.
At the current
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