If you are refinancing your mortgage for a 30 year fixed rate you can expect a rate of about 4.250% and if you are refinancing your mortgage for a 15 year fixed rate you can expect a rate of about.
Since the objective of refinancing is to get the best rate, then you’ll want to make sure your financial picture is good.
A simplified online application makes it easier to apply for home loan refinancing with Wells Fargo. Use our mortgage payment calculator to find your rate.
Compare today?s mortgage and refinance rates from Citi.com. View current mortgage rates on 30 year and 15 year fixed mortgages. Get a customized rate and see more loan options.
Historical 15-Year Fixed Mortgage Rates. By 1992, the recession had ended and the average annual rate on 15-year fixed mortgages was 7.96%. Annual mortgage rates in the late 1990s hovered around 7%, on average. Then the housing bubble burst in 2007. That year, the average annual rate on 15-year fixed mortgages was 6.03%.
This quarter we absorbed higher mortgage prepayments due to both seasonality and the declines in longer-term interest rates experienced the last two quarters. And at the levels that are getting.