7 1 Arm Rates Today

Bank Interest Rates History Mortgage Rates 15 Year Refinance Refinancing: Is a 15-Year Mortgage Right for You? | LendingTree – Building equity. One of the other appeals of a 15-year refinance is the opportunity to build equity in your home faster than you would with your current mortgage. sticking with the example from above, and assuming a $50,000 down payment, you would have $59,369.29 in home equity two years into your 30-year mortgage.