Now's the time to refinance your mortgage. California refinance rates continue to be near historic lows. BestRate.com can help you find the most competitive California refinance rates. We list information on an up-to-the-minute basis from a pool of several lenders in your area.
Refinancing involves locking in a new interest rate on a first mortgage. Because of less risk taken upon by the lender, California refinance rates tend to be lower than what you can typically receive on second or third mortgages. However, when taking out a new loan, customers can expect to pay an additional fee to the lender in the form of a closing cost, usually anywhere from 2.5 to 3 percent of the amount borrowed.
There's no better place than BestRate.com to look for California refinance rates. We are considered a pioneer in the industry. In 1992, our founders originated the first mortgage over the Internet, and in 1994 they created the first online loan application. BestRate.com has been recognized by the media, including Forbes and Newsweek, for delivering a "stand out" among mortgage and loan sites.
BestRate.com makes it extremely easy to find the lowest California refinance rates. Just figure out whether you'd like an adjustable or fixed rate loan, along with the number of points (fees paid to lender) you are interested in. Then click above on a suitable link to start saving on California refinance rates!