What is the lowest refi rate today?

and what are good sites to find out whether the rate is dropping or rising? Are there any reliable sites?Banks state one rate, mortgage lenders another and mortgage brokers something else.Confusing.Is there a site that comprehensively brings all the information together then provides an understandable answer?Thanks to all.

What is the lowest refi rate today?

avg is around 6% average credit, but banks dont quote rates online or in print cause it all depends on your credit- area your house is in and amount you owe. bankrate.com is one of the more accurrate although most of the rates quoted are for perfect credit - which most people dont have.

your local newspaper should list common rates , as does the wall street journal (but costs money even online). most mortgage rates are based on the libor and some on prime rate, theres a link to those below- and even though this is not what you are going to pay for intrest rates- it is a good bases to look at how the vary up and down over the days/weeks to determine if rates are dropping or rising. as for the exact rate you will be looking at when you do refinance- you will never find it without making that call to a sales person. it dont matter if its a bank or mortgage broker , but either get a detailed break down of points to be paid and closing and orignation fees because depending on those fees their rates may vary alot.

heres a link to bankrates prime rate:

http://www.bankrate.com/brm/ratewatch/le...

and to the current libor rates

http://www.bankrate.com/brm/ratewatch/ot...

be carefull about those places that advertise lower rates cause theres always fine print listing the catch.