Today’s mortgage refinancing rates close the week with a bearish trend

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Check out mortgage refinancing rates as of July 9, 2021, which are mostly down from yesterday. (iStock)

According to data compiled by Credible, current mortgage refinancing rates are mostly down from yesterday, with the exception of 20-year rates, which remain unchanged.

  • 30 Years Fixed Rate Refinancing: 2.750%, up from 2.990%, -0.240
  • 20 year fixed rate refinancing: 2.750%, no change
  • 15 year fixed rate refinancing: 2.000%, up from 2.250%, -0.250
  • 10 year fixed rate refinancing: 2.125%, up from 2.250%, -0.125

Rates were last updated on July 9, 2021. These rates are based on the stated assumptions. here… Actual rates may vary.

Refinancing rates on 30-year mortgages after raising to 2.990% two days earlier today fell to 2.750%. Rates for a 20-year period are held at 2.750% for two days in a row. Homeowners looking to refinance could find a special 15-year deal: 15-year rates fell to 2,000% for the first time in 16 days. Meanwhile, 10-year rates continue to fluctuate, but can also be a bargain for homeowners looking to save on interest and can increase their monthly payment.

If you think about mortgage loan refinancing, consider using Credible. If you are interested in saving money on your monthly mortgage payments or are considering refinancing with cash payments, Free online tool Credible will allow you to compare rates from multiple mortgage lenders. You can see the pre-qualification in just three minutes.

Current 30-year fixed refinancing rates

The current 30-year fixed rate refinancing rate is 2.750%. This has not been the case since yesterday.

Current 20-year fixed refinancing rates

The current 20-year fixed rate refinancing rate is 2.750%. This is the same as yesterday.

Current 15-year fixed refinancing rates

The current 15 year fixed rate refinancing rate is 2.000%. This has not been the case since yesterday.

Current 10-year fixed refinancing rates

The current 10-year fixed rate refinancing rate is 2.125%. This has not been the case since yesterday.

You can explore your mortgage refinancing options in minutes by visiting Credible to compare rates and lenders. Check plausibility and pre-qualify today.

Rates were last updated on July 9, 2021. These rates are based on the stated assumptions. here… Actual rates may vary.

How the mortgage refinancing rates have changed

Today mortgage refinancing rates have dropped compared to this time last week.

  • 30 year fixed refinancing rates: 2,750%, up from 3,000% last week, -0,250
  • 20-year fixed refinancing rates: 2.750%, up from 2.875% last week, -0.125
  • Fixed refinancing rates for 15 years: 2.000%, up from 2.125% last week, -0.125.
  • 10-year fixed refinancing rates: 2.125%, up from 2.250% last week, -0.125

If you think refinancing is the right move, consider using Credible. You can use the free online tool Credible It’s easy to compare multiple mortgage refinance lenders and see prequalified rates in just three minutes.

Rates were last updated on July 9, 2021. These rates are based on the stated assumptions. here… Actual rates may vary.

Factors underlying today’s refinancing rates

Current refinancing rates, like mortgage interest rates in general, depend on many economic factors such as unemployment and inflation. But your personal financial history will also determine the rates that you will be offered when refinancing your mortgage.

Larger economic factors

  • The strength of the economy
  • Inflation rate
  • Work
  • Consumer expenses
  • Housing and other market conditions
  • Stock and bond markets
  • 10-Year Treasury Bond Yield
  • Federal Reserve Policy

Personal economic factors

How To Get The Lowest Mortgage Refinancing Rate

If you are interested in refinancing your mortgage, improve your credit rating and pay off any other debt. provide you with a lower rate… It’s also a good idea to compare rates from different lenders if you’re hoping to refinance so you can find the best rate for your situation.

According to research from Freddie Mac… Credible can help you compare multiple lenders at once in just a few minutes.

If you do decide to refinance your mortgage, be sure to review and compare rates from multiple mortgage lenders. You can it’s easy to do it with the free online tool Credible and you will see your preliminary bids in just three minutes.

Credible also works with a home insurance broker. If you are looking for the best price on home insurance and considering changing your provider, consider using an online broker. You can compare rates from the leading insurance companies in your area – it’s fast, easy, and the whole process can be done completely online.

Mortgage rates by type of loan

If you’re looking for lower monthly payments for your existing home, Credible can help you keep track of current mortgage rates and find the right loan for your financial goals.

Before you dive into mortgage refinancing, be sure to check out these lending rates, which you can compare at the annual interest rate (Annual interest rate,) as well as the interest rate:

Have a financial question but don’t know who to contact? Email a Credible Money expert at moneyexpert@credible.com and your question can be answered by Credible in our Money Expert column.



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