Most Popular is calculated from the number of times each affiliate product was selected by Forbes Advisor users over a six month time period. See how refinance rates compare across the best lenders for different loan terms.

Average mortgage rates are dropping. After starting 2025 at 7%, rates fell below 6% by the end of February 2026, according to data from Freddie Mac. Some experts believe that downward trajectory might continue in 2026, but there is no certainty as to how low rates might go.

For Stacey Foley, refinancing her mortgage was a no-brainer. Stream NBC 5 for free, 24/7, wherever you are. After paying roughly 4.25% in interest on her existing home loan, refinancing at 3.25% with limited closing costs has saved her $200 monthly.

The average interest rate on a 30-year fixed refinance dropped to 6.62% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.7%. For 20-year mortgage refinances,

Refinancing a mortgage with bad credit sounds like a headache, right? But the truth is, there are more options out there than you’d expect, even if your credit score makes lenders wince.

The Laurel Road Student Loan is no longer available to new applicants.  With the three-year payment and interest pause on federal student loans officially coming to an end in the fall of 2023, many borrowers are left wondering whether now is a good time to refinance those loans they're going to start having to pay soon.