AOL: This Ramsey Expert Says You Should Get a 15-Year Mortgage: Here’s the Math This Ramsey Expert Says You Should Get a 15-Year Mortgage: Here’s the Math Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.30%, down 0.13 percentage points from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on ... Mortgage Research Center.

Understanding the Context

The average rate on a 15-year mortgage refinance is 5.49%. On a 20-year mortgage refinance, the average rate is 6.19%.  Related: Compare Current Refinance Rates 30-Year Refin ... CBS News: How to get a mortgage interest rate close to 5% this February In recent years, no matter your qualifications or what actions you took, it was essentially impossible to secure a mortgage interest rate under 6%. Thanks to an elevated inflationary climate and ...

Key Insights

How to get a mortgage interest rate close to 5% this February The Wall Street Journal on MSN: Mortgage Rates Today, : 30-Year Rates Drop to 6.50%