Best Mortgage Refinance Rates Today

Quick Answer: Compare today's top mortgage refinance rates from leading lenders. Rates range from 5.5%-6.5% for 30-year fixed and are typically 0.5-0.75% lower for 15-year refinances. Always shop at least 3-5 lenders.

Affiliate Disclosure: EarlyMortgagePayoff.com receives compensation when readers apply through partner lender links. This does not affect the editorial ranking of lenders or the rates shown. Rates are indicative only — visit the lender for live offers.

Lender	Rate (APR*)	Loan Type	Action
Navy Federal Credit Union	6.080%	VA & Conventional	Get Quote
Bankrate Compare ★ Premier	6.090%	Refinance	Get Quote
LendingTree ★ Featured	6.120%	Refinance	Get Quote
Better Mortgage	6.280%	Purchase / Refi	Get Quote
Rocket Mortgage	6.340%	Purchase / Refi	Get Quote

How do I find the best mortgage refinance rate?

Three rules to maximize your savings:

Check your credit score before applying. Pull your free FICO score and dispute any errors. A score above 740 unlocks the best rates.
Get quotes from 3-5 lenders within 14 days. Multiple inquiries within 14 days count as a single inquiry for credit scoring purposes.
Compare APR, not just rate. APR includes closing costs and fees, giving you a true apples-to-apples comparison.

Run the numbers on every quote with our Refinance vs. Payoff Calculator before signing.

Frequently Asked Questions

What is the best mortgage refinance rate today?

The best refinance rates today range from 5.5% to 6.5% for 30-year fixed loans, depending on credit score, loan-to-value, and lender. 15-year refinance rates are typically 0.5-0.75% lower than 30-year rates.

Should I refinance my mortgage now?

Refinance now if current rates are at least 0.75% below your existing rate, you plan to stay in the home 5+ years, and you can cover or absorb closing costs. Use our calculator to model your specific scenario.

What is APR vs. interest rate on a mortgage?

The interest rate is what you pay on the loan balance. The APR includes the interest rate plus most fees and closing costs, expressed annually. Always compare APRs across lenders, not just rates.

How much can I save by refinancing my mortgage?

Most homeowners who refinance with a 1%+ rate drop save $150-$400 per month and tens of thousands over the life of the loan. Use our refinance calculator for your exact numbers.

Is now a good time to refinance to a 15-year mortgage?

A 15-year refinance is excellent if you can absorb the higher monthly payment. The combination of lower 15-year rates and faster amortization typically saves $100K-$200K over a 30-year loan.

Do I need to refinance with my current lender?

No — and you usually should not. Shopping at least 3-5 lenders typically saves $5,000-$15,000 in interest over the loan life. Use a marketplace like LendingTree or Bankrate to compare quickly.