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With mortgage rates up, the benefits of refinancing have shrunk or disappeared for most homeowners. Even so, there are still millions of borrowers who could save big money with a mortgage refinance. Current mortgage rates stand at 3.92% — the highest average since May 2019.What are current mortgage refinance rates?
the average rate on a jumbo mortgage was lesser, at 4.54 percent. At the current average rate, you’ll pay $546.64 per month in principal and interest for every $100k you borrow. The average 30-year fixed-refinance rate is 5.26 percent, up 2 basis points ...