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  2. Refinancing to a 15-year mortgage: What to consider - AOL

    www.aol.com/finance/refinancing-15-mortgage...

    Pros of refinancing to a 15-year mortgage. Lower interest rate: Interest rates for 15-year fixed loans are often lower than those on 30-year mortgages. That lower rate, plus a shorter repayment ...

  3. Daily mortgage rates for August 22, 2024: Average purchase ...

    www.aol.com/finance/daily-mortgage-rates-for...

    Rates on a 15-year mortgage stand at an average 5.88% for purchase and 5.91% for refinance, down 5 basis points from 5.93% for purchase and 4 basis points from 5.95% for refinance this time last week.

  4. No rush to refinance your mortgage just yet, experts say - AOL

    www.aol.com/finance/no-rush-refinance-mortgage...

    The main reason to refinance your mortgage is to lock in a long-term lower rate. ... 6.5 percent could mean significant savings,” Alvarez says. More on refinancing ... you refinance to a 15-year ...

  5. Mortgage rates for August 19, 2024 - AOL

    www.aol.com/finance/daily-mortgage-rates-for...

    Rates on a 15-year mortgage stand at an average 5.95% for purchase and 5.95% for refinance, up 4 basis points from 5.91% for purchase and 1 basis point from 5.94% for refinance this time last week.

  6. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    Say you’re refinancing a $200,000 mortgage to a new, 15-year loan with a lower interest rate. ... into your new mortgage, financing $202,000 over 15 years. ... the actual savings and costs of ...

  7. Pros and cons of a 15-year mortgage - AOL

    www.aol.com/finance/pros-cons-15-mortgage...

    Choosing or refinancing to a 15-year mortgage might be a good idea if you can afford the monthly payments or you're more than halfway into a 30-year mortgage. ... Long-term savings: 15-year ...

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