Refi rates hover around 6.3% as Fortune outlines current loan options
Fortune’s refi-rate report shows a 30-year average of 6.29% (Zillow data through Jan. 9) with rates listed for 20-year (6.34%), 15-year (5.55%), and 10-year (5.58%); jumbo, FHA, and VA loans are also shown (e.g., jumbo 30-year 7.75%, FHA 30-year 5.63%, VA 30-year 5.65%). The piece explains when refinancing makes sense, typical closing costs (about 2–6%), and options like cash-out, no-closing-cost refinances, or changing loan terms or type to fit budgets.
