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Home » Business » Current Refinance Mortgage Rates

Current Refinance Mortgage Rates

By Tina Brown on July 1, 2010
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Digital News Report

Digital News Report – Refinance mortgage rates moved up slightly today compared to yesterday. Freddie Mac found purchase mortgage rates declining again this week.

The average 30-year fixed rate refinance mortgage was 4.7836 percent today compared to 4.6894 percent yesterday. That is a change of nine basis points in the upward trend.

Many times lenders will raise their rate for refinance mortgages. For instance, Bank of America has a rate of 4.88 percent for their purchase mortgages but 5.009 percent for refinance mortgages.

The average 15-year refinance loan rate was 4.1401 percent Thursday. That is 2 basis points lower than the Wednesday.

The average 5/1 adjustable rate mortgage (refinance ARM) was 3.3873 percent today.

By: Tina Brown

  1. Current Refinance Mortgage Rates May Be In Upward Trend
  2. Current Mortgage Refinance Loan Rates
  3. Refinance Mortgage Rates – Compare Chase To Bank Of America
  4. Refinance Mortgage Rates Lower Today – Compare Chase and Bank of America To Average
  5. Refinance Mortgage Rates Lower Again This Week

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