The rate on a 30-year fixed refinance fell today. The average rate on a 30-year fixed mortgage refinance is 7.33%, according ...

Brock is a CFA and CPA with more than 20 years of experience ... someone with a 15-year term will pay less in total interest than someone with a 30-year fixed-rate mortgage. Crunching the numbers ...

Compared to September’s low, the 30-year fixed rate ... federal funds rate is the overnight borrowing rate for commercial banks and credit unions and indirectly influences mortgage rates.