Table of Contents
- Today’s average refinance rates
- Current refinance rate trends
- Refinance rate forecast for 2024
- Refinancing 101
- How to choose the right refinance type and term
- Does refinancing make sense?
Article updated on Oct 24, 2024
Mortgage refinance rates keep climbing this month as we approach the presidential election.
Our Experts
Written by Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.
Edited by Laura Michelle Davis Editor Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.
- Mortgage
- 30-year fixed-rate
6.71% (+0.17)
- 15-year fixed-rate
6.00% (+0.19)
- 30-year fixed-rate jumbo
6.72% (+0.13)
- 5/1 ARM
6.05% (+0.17)
- 10-year fixed-rate
5.98% (+0.18)
Refinance - 30-year fixed-rate refinance
6.71% (+0.14)
- 15-year fixed-rate refinance
6.02% (+0.13)
- 10-year fixed refinance
5.98% (+0.16)
Our Experts
Written by Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.
Edited by Laura Michelle Davis Editor Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.
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Written by
Katherine Watt
Writer
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.
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