15-year mortgage refinance rates slip lower than historically low 10-year rates | June 3, 2021

Refinancing rates for 15-year loans are lower than 10-year loans, at just 2%. Ten-year averages rose slightly to their highest point in nine days. Meanwhile, 30-year loans have stuck below 3% for the last 15 days.

If you’re thinking of refinancing your home mortgage, consider using Credible. Whether you’re interested in saving money on your monthly mortgage payments or considering a cash-out refinance, Credible’s free online tool will let you compare rates from multiple mortgage lenders. You can see prequalified rates in as little as three minutes.