home refinance loan rates

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A home equity loan is a second mortgage which operates similarly to the first mortgage, but usually charges a slightly higher rate. A home equity line of credit (HELOC) operates more like a credit card, as a revolving form of debt which can be drawn upon & paid off as convenient.

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A refinance allows you to switch into a new loan that could help you achieve one or more of those goals. By comparing rates and terms from multiple lenders, you can save thousands of dollars in interest over the life of the loan-perhaps pay off your mortgage sooner-or, reduce your monthly payment.

Chase offers competitive refinancing mortgage rates and a friendly, Monday through Friday, to give you the most current rates when refinancing a home loan.

View current home loan rates and refinance rates for 30-year fixed, 15-year fixed and more. Compare rates to find the right mortgage to fit your goals.

The Home Equity loan is offered at a higher rate of interest than the normal mortgage ones because it is basically a refinance of the current loan. How hard is it to compare refinance mortgage rates?