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30-Year Refinance Rates
The timing to secure a fixed 30-year mortgage rate for refinancing has never been better. Since the housing crisis took the U.S. economy hostage in 2007, mortgage refinance rates have become an important component to the real estate recovery. The U.S. Treasury, Federal Reserve, FDIC, and FHA have responded with affordable loan programs. These government entities have made strong efforts to help homeowners avoid foreclosures by converting their adjustable mortgages into a 30-year refinance rate that provided significant monthly savings.
Now is the Time to Get Fixed 30 Year Refinance Rates Available as Low as 4.375%
Fixed Rate 30-Year Mortgage: The monthly payment on a $300,000 30-year refinance rate at 4.375% is $1,494 with 1 pt. rolled into your loan. The Annual Percentage Rate is 4.489%. Some state and county maximum loan amount restrictions may apply.
* Please Note --- 30-year refinancing rates are subject to change without notice. In most cases the thirty-year mortgage rates are for conforming loan amounts like FHA, VA, Fannie Mae and Freddie Mac. Ask your loan officer about the 30-year rates on jumbo mortgages if you live in a high cost region or know your mortgage exceeds the conforming loan limits. Refinance approvals are subject to lender guidelines including credit, income and appraisal documentation approved by the underwriter.
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