Today’s Refinance Rates in Missouri

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Edited byMorgan Hull
Edited byMorgan Hull

Updated: January 18, 2024

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Current Refinance Rates in Missouri

MoneyGeek provides the current refinance rates in Missouri to help you determine which loan type best fits your needs. The latest average rates in Missouri are included in the table below.

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Mortgage Refinance Rates From Top Lenders

What Is a Good Refinance Rate in Missouri?

MoneyGeek found that the current average refinance rates in Missouri are 4.43% for a 15-year FRM and 5.11% for a 30-year FRM. This indicates that the state’s current refinance rates for a 15-year FRM and 30-year FRM are less than the current national average mortgage rates of 4.45% and 5.30%, respectively. However, the state’s current 5/1 ARM of 4.62% is greater than the current national average rate of 4.19%.

A "good” rate is subjective because it’s based on several factors like loan term and loan size, as well as your credit score, income and existing debt. To ensure that you’re getting the best rate for your unique situation, you should compare rates from different lenders.

During your research, be mindful that mortgage rates are subject to daily fluctuations — the quote you receive today may be significantly different from the one you get next week.

Estimate Your New Monthly Mortgage Payment

Using MoneyGeek’s mortgage calculator, you can estimate your new monthly mortgage payment. Enter your mortgage details and the current refinance rates in Missouri to receive your estimate. While this tool will provide an approximation, your actual payment amount may vary due to fluctuating interest rates and homeowner factors.

Mortgage Refinance Calculator in Missouri
Make sure refinancing your existing home loan will save you money.
Updated։ Jun 14, 2024
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Frequently Asked Questions About Refinance Rates in Missouri

MoneyGeek answered some of the most commonly asked questions about refinance rates in Missouri to help you make a well-informed decision.

What is a good refinance rate in Missouri?
What is a bad refinance rate in Missouri?
What is a good refinance interest rate on a 30-year fixed-rate mortgage in Missouri?
What is a good refinance interest rate on a 15-year fixed-rate mortgage in Missouri?
What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in Missouri?
sources
  • Federal Reserve Bank of St. Louis. "Mortgage Rates." Accessed July 13, 2022.