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What is the Average 40 Year Fixed Mortgage Refinance Rate?

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What is the Average 40 Year Fixed Mortgage Refinance Rate?

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The need for fixed mortgage refinancing has never been greater. For those who are looking to make important decisions in this area, it is important to know the facts. The average 40 year fixed mortgage refinance rate is 4.783%. With this in mind, it is important to note that individual insurance quotes often vary by as much as one half of a percent and sometimes even more. As a result, it is always important to get quotes from as many mortgage brokers as possible before making your decision.

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