Current mortgage rates
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The average interest rate on a 30-year fixed refinance declined to 6.78% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.86%, and for 20-year mortgages,
With high mortgage rates and a limited inventory of homes to contend with, it can be difficult to find affordable options. But, doing so isn't impossible. That's especially true if you have a strong credit score and overall application.