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Today, a number of closely followed mortgage refinance rates made gains.
Both 15-year fixed and 30-year fixed refinances saw their average rates go up. At the same time, average rates for 10-year fixed refinances also saw an increase.
Refinancing interest rates are constantly fluctuating. However, they’re presently abnormally low, making them a potentially great deal for borrowers. For those looking to refinance their existing mortgage, this can be a great opportunity to reduce your interest rate.
Refinance rates currently are:
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