Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.19%. For 20-year mortgage refinances, the average rate is 5.89%. Related: Compare Current Refinance Rates 30-Year ...

So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most ...