Refinance 15 Year Fixed
The rate for 15-year fixed home loans is currently 4.27%, while the rate for 5-1 adjustable rate mortgages is 3.70%. The volume of mortgage requests in the past week fell 9.4% from the prior week. Of.
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If you can longer afford the monthly payments of a 15-year mortgage, one option is to refinance into a 30-year mortgage. However, this move comes with a cost. However, this move comes with a cost.
The rate for 15-year fixed home loans is currently 4.26%. Of last week’s requests, 29% were for refinance loans, 69% were for purchase loans and 2% were for home equity loans. The prior week, 31%.
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