Today’s Refinance Rates in West Virginia

Updated: January 18, 2024

Advertising & Editorial Disclosure

Current Refinance Rates in West Virginia

MoneyGeek outlines the most current mortgage refinancing interest rates across West Virginia lenders to help you select a suitable loan type for your situation. The table below helps you to compare up-to-date mortgage refinance rates in the state for different terms and mortgage loan types.

Loading...

Mortgage Refinance Rates From Top Lenders

What Is a Good Refinance Rate in West Virginia?

The current refinance interest rates in West Virginia are higher than the nation’s mortgage rates for specific types of mortgages and lower for others. Specifically, the average interest rate for a 15-year fixed-rate mortgage is 4.61%, slightly higher than the national average interest of 4.45%. Meanwhile, a 30-year fixed-rate mortgage has an interest of 5.13%, lower than the national average of 5.30%, while a 5/1 adjustable-rate mortgage interest is 4.15%, also lower than the nation’s average of 4.19%.

While every borrower often looks for the best interest rate with mortgage refinancing, it’s worth noting that a great rate is relative and depends on factors such as your credit score, income level, loan amount and loan term, among others.

To ensure you find the most suitable deal for your needs, you may need to compare rates across multiple lenders in West Virginia. Note that rates change frequently, and your current rate may differ considerably a week later.

Estimate Your New Monthly Mortgage Payment

West Virginia homeowners interested in mortgage refinancing can use MoneyGeek’s mortgage calculator to estimate the monthly payment amount associated with their desired loan type. It’s essential to note that interest rates regularly fluctuate depending on economic conditions.

Mortgage Refinance Calculator in West Virginia
Make sure refinancing your existing home loan will save you money.
Updated։ Jul 18, 2024
Fact Checked

By Mandy Sleight, Licensed Insurance Agent

Current Mortgage
New Mortgage
You can’t save on your monthly payment or your mortgage interest by refinancing.
Total Savings
$0
0
0
Year 5
Monthly Payments
Total Payments
Total Interest
Current Loan
$0
-
$0
-
$0
-
New Loan
$0
=
$0
=
$0
=
Savings
$0
$0
$0

Frequently Asked Questions About Refinance Rates in West Virginia

Mortgage refinance interest rates in West Virginia vary significantly based on the lender and the loan type you choose. MoneyGeek answered the frequently asked questions about mortgage refinance rates in the state.

What is a good refinance rate in West Virginia?
What is a bad refinance rate in West Virginia?
What is a good refinance interest rate on a 30-year fixed-rate mortgage in West Virginia?
What is a good refinance interest rate on a 15-year fixed-rate mortgage in West Virginia?
What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in West Virginia?
sources