Refinance rate trends
| Mortgage type | Average rate today | Average rate last month |
|---|---|---|
| 15-year fixed | 2.67% | 2.72% |
| 30-year fixed | 3.74% | 3.68% |
| 7/1 ARM | 4.35% | 4.58% |
| 10/1 ARM | 4.68% | 4.54% |
Simply so, which bank is best for refinancing?
Bank of America
Also know, what is today’s 30-year fixed refinance rate? 2.750%
Beside this, is it worth refinancing mortgage right now?
If you can get a lower interest rate and afford the closing costs, a refinance could help you save on your monthly payment. But if you’re not feeling certain about your finances or your plans for your house in the coming months, it could make sense to wait a bit to explore a refi.